28 Dec Ripple’s Chief Executive Makes Shocking Crypto Prediction For 2020
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Ripple’s Chief Executive, Brad Garlinghouse, Makes Startling Prediction
Ripple Labs — the crypto-centric fintech company that was recently valued at $10 billion — recently released the latest episode of their company show, “The Ripple Drop,” in which the host asked company executives and employees about their industry-related predictions for 2020.
Chief executive of the rapidly growing firm, Brad Garlinghouse, stopped by, giving his thoughts on what 2020 will be like for this budding industry.
Garlinghouse remarked that he thinks that 2020 will be a year of consolidation for the industry, despite 2018 being the bear market:
“I think you’re going to continue to see consolidation. The world doesn’t need 3000+ cryptocurrencies out there, and I think the utility will bear out that there will be a migration to quality if you will.”
While he didn’t give any specific projects he believes are currently unviable (notably, he is a fan of
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