THE COVID OF FINANCE IS XRP SAY GARY CAR DONE!
Gary Cardone, a serial investor, recently slammed XRP, calling it the "Covid of finance" due to its alleged willingness to partner with centralized governments. He accused XRP of aligning itself with "oppressive people" to survive, particularly in the context of the European Central Bank's (ECB) potential digital euro project. Cardone's comments came after rumors circulated about the ECB possibly integrating the XRP Ledger into its digital euro infrastructure, although there's no official confirmation.
Key Points of Contention:
Cardone's Criticism: He believes XRP's willingness to work with authoritarian institutions undermines its decentralized nature.
XRP Community Response: Supporters pushed back, citing a lack of official confirmation on ECB-Ripple collaboration and calling Cardone's remarks exaggerated and misleading.
Digital Euro Speculation: The ECB has stated that a digital euro could be launched if approved by the European Parliament, but no specific platform or partner has been selected .
Cardone's comments reflect an ideological divide between those who value decentralized finance and those who support institutional integration. XRP's current price is $2.29, with a 1.25% increase in the last 24 hours .#Tradersleague #MarketRebound #StrategyBTCPurchase #xrp $XRP