Ripple Get Thumbs Up from the Fed

in #cryptocurrency7 years ago

Ripple just put up this article on their blog titled "Federal Reserve Task Force: Ripple Improves Speed and Transparency of Global Payments"

https://ripple.com/insights/federal-reserve-task-force-ripple-improves-speed-transparency-global-payments/

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Today, after two years of work, the Federal Reserve released its Faster Payments Task Force’s action plan for bringing faster payments to the United States, highlighting Ripple’s ability to underpin the next generation of cross-border payments.>

I'm personally an investor and a big believer in the huge disruption potential in the traditional payment network that XRP offers. I know it's controversial to many, and though it's not as pure of an application of DLT like other cryptos out there, I argue that the sooner we bridge the gap between the old financial system and the next generation, the faster we'll see wide spread adoption of Cryptocurrencies in the main stream. Which I think we all can agree would be a good thing! This to me is a good sign that the Crypto space is on the right path.

Thoughts on XRP? Any hodlers like me out there that would like to chime in?