29 Sep Ripple CEO Brad Garlinghouse hits out at Libra’s ‘arrogance’
[ad_1]
Executives at Ripple have lamented Facebook’s Libra project by pointing out a number of drawbacks to the proposed cryptocurrency.
According to Ripple’s senior vice president of customer success Marcus Treacher, Libra is being launched in an environment that he describes as a “walled garden”.
Treacher claimed that while Ripple “has no parameters”, Facebook’s currency will operate within a closed system that will prevent sufficient growth.
Ripple’s CEO Brad Garlinghouse also suggested that Libra has fallen short in a number of areas, specifically targeting the fact that Libra has no banks signed up to the white paper.
Thanks @jchatterleyCNN for having me on to address all the FUD about @Ripple and #XRP – it’s in our best interest to maintain a healthy XRP ecosystem, and I’m happy to put any rumors of the contrary to rest https://t.co/kmRypCqhxn
— Brad Garlinghouse (@bgarlinghouse) September 12, 2019
In an interview with CNBC, he said: “A surprise to me, for…
[ad_2]
Source link