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Cryptorank

Elon Musk Remains Neutral on XRP, Cites Crypto’s Role in Individual Freedom


by Abdulkarim Abdulwahab
for CoinEdition
Elon Musk Remains Neutral on XRP, Cites Crypto’s Role in Individual Freedom
  • Elon Musk declines to endorse XRP and maintains a neutral stance.
  • Musk emphasized the broader role of cryptocurrency in promoting individual freedom and decentralization.
  • Musk warns of U.S. financial instability, citing excessive government spending and rising debt.

Elon Musk has declined to endorse XRP during a recent town hall discussion in Pittsburgh, Pennsylvania. When asked about the potential adoption of the XRP Ledger by financial institutions, Musk maintained a neutral stance. However, he emphasized cryptocurrency’s broader role in promoting individual freedom and decentralization.

Staying Neutral on Specific Cryptocurrencies

In a video shared by XRP advocate Bill Morgan, Musk stated that he wouldn’t comment on any specific cryptocurrency, including XRP. He said: “I certainly cannot speak to any specific crypto, but I do think cryptocurrency is an interesting and valuable bulwark against centralized control. This is not an endorsement or lack of endorsement for XRP.”

His caution reflect…

The post Elon Musk Remains Neutral on XRP, Cites Crypto’s Role in Individual Freedom appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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XRP, TRX, DOGE Lead Majors With Positive Funding Rates as Bitcoin's Traditionally Weak Quarter Begins

XRP, TRX, DOGE Lead Majors With Positive Funding Rates as Bitcoin's Traditionally Weak Quarter Begins

Perpetual funding rates indicate a bullish sentiment for top altcoins, with XRP showi...

Elon Musk Remains Neutral on XRP, Cites Crypto’s Role in Individual Freedom


by Abdulkarim Abdulwahab
for CoinEdition
Elon Musk Remains Neutral on XRP, Cites Crypto’s Role in Individual Freedom
  • Elon Musk declines to endorse XRP and maintains a neutral stance.
  • Musk emphasized the broader role of cryptocurrency in promoting individual freedom and decentralization.
  • Musk warns of U.S. financial instability, citing excessive government spending and rising debt.

Elon Musk has declined to endorse XRP during a recent town hall discussion in Pittsburgh, Pennsylvania. When asked about the potential adoption of the XRP Ledger by financial institutions, Musk maintained a neutral stance. However, he emphasized cryptocurrency’s broader role in promoting individual freedom and decentralization.

Staying Neutral on Specific Cryptocurrencies

In a video shared by XRP advocate Bill Morgan, Musk stated that he wouldn’t comment on any specific cryptocurrency, including XRP. He said: “I certainly cannot speak to any specific crypto, but I do think cryptocurrency is an interesting and valuable bulwark against centralized control. This is not an endorsement or lack of endorsement for XRP.”

His caution reflect…

The post Elon Musk Remains Neutral on XRP, Cites Crypto’s Role in Individual Freedom appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Trump’s Mega-Bill Clears Senate, Pits the White House Against Elon Musk on Subsidies

Trump’s Mega-Bill Clears Senate, Pits the White House Against Elon Musk on Subsidies

President Donald Trump has reignited his public feud with tech billionaire Elon Musk,...
XRP, TRX, DOGE Lead Majors With Positive Funding Rates as Bitcoin's Traditionally Weak Quarter Begins

XRP, TRX, DOGE Lead Majors With Positive Funding Rates as Bitcoin's Traditionally Weak Quarter Begins

Perpetual funding rates indicate a bullish sentiment for top altcoins, with XRP showi...