Ripple’s CEO specifically addressed Dogecoin, discussing the need for minimal regulation of cryptocurrency exchange transactions.
Provides liquidity for all ciphers
Ripple CEO Brad Garlinghouse and Wired Global Editor-in-Chief Gideon Lichfield announced on June 23 in a 2022 clash that crypto regulation, centralized crypto exchange regulation, Terra’s Stablecoin demise, UST, and others. We talked about the topic. Conference on Toronto.
When asked if a good exchange should be allowed to trade what consumers want, or if traders and investors should be protected, and therefore certain assets should be restricted. The Garling House cited Dogecoin as an example of a suspicious asset.
According to the CEO, if he is an exchange, he wants to provide liquidity to all crypto or crypto pairs that consumers want to trade, including coins like DOGE.
Dogecoin was created as a joke in 2013, many of the original developers have already left the project, and Garlinghouse states that Dogecoin “seems to rely solely on Elon Musk’s tweets.”
He concludes that customers are always right and companies should not instruct them about what constitutes ethical or moral behavior.
However, Wired’s editor-in-chief called the original joke cryptocurrency “as ridiculous as Dogecoin” in his commentary.
Garlinghouse talks about Tesla and Doge
Garlinghouse said Tesla would have been public and couldn’t be today’s company if Nasdaq hadn’t allowed trading companies listed on the New York Stock Exchange without a better strategy.
This was the answer to the question of whether customers on crypto exchanges need to be protected.
He found that empowering exchanges to control the assets they trade seemed dangerous.
According to the CEO, the Nasdaq Composite peaked before the epidemic and is now down about 50%, while the crypto market is down about 65% and all assets are affected by some volatility. I’m proving.
Ripple’s CEO and director of the board is Brad Garlinghouse. Prior to joining Ripple, Brad was the CEO of the file collaboration business Hightail.
He has held various managerial positions at Yahoo !. From 2003 to 2009, including Senior Vice President, from 2009 to 2012 before serving as President of Consumer Applications at AOL.
Previously, he spent his career as CEO of Dialpad Communications, contributing to the development of the VoIP sector. He currently serves on OutMatch’s board of directors and previously served on Ancestry.com and Tonic Health.
Also read: Robin Hood receives 600 million doge from a wallet marked anonymous