$109,593.00
3.73%$2,675.92
7.37%$2.29
2.38%$662.39
1.85%$158.30
5.20%$0.99977
0.00%$0.191567
5.40%$0.286562
0.88%$0.699502
5.63%$2,678.92
7.68%$109,631.00
3.76%$39.21
12.30%$3.39
5.78%$3,215.35
7.29%$14.51
6.31%$21.74
6.69%$0.274492
3.68%$420.42
0.95%$8.86
-4.63%$3.30
4.37%$0.00001291
3.96%$0.177324
5.17%$0.999728
0.02%$2,676.38
7.30%$2,861.78
7.61%$90.38
3.46%$4.13
3.65%$332.70
1.09%$1.00
-0.03%$1.001
0.01%$4.74
1.84%$0.00001264
9.84%$109,673.00
3.77%$0.636357
1.43%$31.67
1.33%$290.84
14.43%$7.14
14.17%$434.24
12.52%$1.18
0.03%$6.11
6.56%$52.99
0.69%$4.91
4.97%$2.52
5.33%$0.100403
1.95%$191.47
5.20%$1.00
0.00%$0.867172
5.24%$17.73
6.19%$1.055
0.04%$31.40
4.73%$0.089504
5.91%$18.44
1.48%$0.658133
1.80%$1.001
-0.04%$0.02498038
4.96%$10.69
3.46%$4.00
4.58%$0.79209
7.34%$0.338971
6.01%$4.40
3.95%$109,314.00
5.13%$0.215878
3.41%$4.42
0.28%$1.14
5.04%$121.97
2.73%$0.364866
7.70%$2.59
4.74%$0.080509
10.60%$0.199311
5.52%$2,674.83
7.43%$4.52
2.71%$0.998981
0.01%$1.00
-0.01%$1.001
0.05%$11.33
2.35%$2.09
5.52%$0.470667
3.65%$167.40
5.30%$13.61
4.20%$0.0000172
10.16%$1.39
8.84%$1.97
10.67%$3,043.47
7.47%$1.25
17.52%$1.25
2.08%$0.01843014
2.10%$2,800.30
7.59%$0.388477
4.73%$4.12
3.64%$0.645034
7.52%$0.690099
7.06%$1.00
-0.02%$0.195079
3.82%$1.032
16.74%$0.999597
-0.06%$109,265.00
3.88%$0.999635
-0.02%$0.06079
-0.89%$2,851.92
7.44%$0.528665
2.69%$2,804.31
7.55%$0.691688
7.53%$0.096285
6.09%$0.583676
3.12%$2,815.60
7.58%$109,716.00
4.03%$662.45
1.97%$0.00008921
7.91%$109,108.00
3.45%$3,333.69
0.21%$176.46
5.52%$0.139857
15.64%$50.31
2.33%$3,346.28
0.14%$0.790301
6.74%$2.46
7.75%$0.866959
7.08%$205.69
5.02%$0.01703885
5.86%$21.89
7.81%$0.01496329
7.36%$0.188285
4.48%$0.124326
7.01%$0.291913
6.39%$0.529136
7.78%$4.33
10.22%$1.11
0.03%$0.01109657
12.01%$0.00000071
2.13%$2.41
6.78%$111.37
0.02%$34.12
3.84%$0.999867
0.02%$108,885.00
4.13%$0.644968
5.02%$1.90
3.58%$0.597345
6.44%$0.997375
-0.03%$2.01
0.06%$0.230185
3.77%$1.72
6.89%$0.379492
5.76%$2,678.87
7.52%$1.11
1.46%$2.04
4.50%$10.12
11.23%$39.27
12.13%$0.721249
4.53%$0.999872
0.04%$2,676.34
7.36%$0.057336
14.95%$0.563794
-38.11%$2,819.06
8.46%$2,853.91
7.37%$3.00
4.01%$0.289548
5.05%$109,372.00
3.66%$2,892.92
7.40%$0.01532294
8.96%$109,702.00
3.88%$2,677.12
7.43%$0.505699
-5.36%$0.460141
3.28%$0.998645
-0.06%$0.191249
5.17%$0.511496
59.54%$1.18
-28.12%$52.29
14.77%$0.400076
22.52%$0.00469681
8.14%$1.52
9.93%$0.137961
5.95%$0.430019
9.12%$0.55019
9.58%$0.9997
-0.01%$6.86
8.94%$1.00
-0.05%$0.04909459
3.21%$15.62
4.46%$0.00002223
3.54%$0.560606
6.63%$6.25
6.78%$0.061248
-2.24%$39.28
12.21%$0.085037
3.89%$1.52
8.85%$0.00000109
28.02%$1.29
12.89%$0.586557
3.47%$0.00731438
10.54%$2,670.55
7.37%$102,394.00
0.05%$0.00000042
0.48%$1.73
8.70%$2.54
6.42%$1.089
0.03%$0.16263
12.95%$0.15741
7.44%$36.55
-0.38%$0.987787
-0.96%$2,832.60
7.14%$0.0042777
4.55%$0.99975
-0.03%$0.394872
10.72%$0.03923169
4.85%$1.001
-0.00%$0.01954062
0.98%$0.567383
6.87%$2,948.11
7.46%$1.34
8.18%$2,922.23
7.33%$0.350943
-4.18%$0.00669144
6.65%$109,410.00
3.65%$0.075369
5.04%$108,334.00
2.97%$2,677.99
7.45%$8.20
9.02%$0.813303
3.42%$0.03398608
-0.41%$0.00398071
3.28%$21.67
6.49%$0.0000606
3.74%$0.00407623
-10.65%$125.29
5.83%$172.32
5.11%$19.92
2.92%$0.215828
3.29%$2,675.85
7.25%$0.709841
12.44%$0.999603
-0.06%$0.999231
0.05%$0.673522
3.16%$0.00438779
9.23%$0.00000148
4.86%$0.123763
2.23%$0.214176
6.56%$0.305526
1.89%$0.01945103
9.21%$0.00331544
6.29%$2.45
4.69%$1.00
0.02%$0.485366
2.57%$0.287286
10.62%$109,005.00
3.81%$26.23
6.51%$1.011
0.42%$2,200.56
3.66%Reading
Role
CEO at Ripple Labs
Location
San Francisco, California
Education
University of Kansas(BA), Harvard University(MBA)
Current Project
Ripple
Previous Projects
Animoto, Tonic Health, Ancestry.com, Hightail, AOL, Silver Lake, Yahoo
While the US dollar won’t give up its position as the world’s reserve currency any time soon, it’s definitely getting weaker compared to alternatives such as Bitcoin, wrote Brad Garlinghouse, the CEO of Ripple (XRP), on Twitter today.
“A year ago, many decried crypto as a scam, and now a majority of govts are looking seriously at blockchain. It addresses frictions (i.e. settlement, transparency, etc) that were assumed VERY hard to solve before. Crypto is up 80% while USD is down 3% YTD,” Garlinghouse noted.
Thread on this USD as the world’s reserve currency has been the backbone of global financial infra, and that position isn’t going to disappear in favor of gold/the yuan/crypto/any other asset any time soon. But is it weaker today? Yes. (1/3) https://t.co/Td04uJOEXs
— Brad Garlinghouse (@bgarlinghouse) August 3, 2020
As Decrypt reported, many financial experts are currently concerned that the US government’s unprecedented fiscal stimulus efforts in the wake of the coronavirus pandemic could lead to the devaluation of the US dollar—and potential subsequent strengthening of other stores of value, including cryptocurrencies.
Garlinghouse added that traditional monetary systems are usually as strong as people’s trust in them—and fiat currencies are increasingly losing it today.
“As [Fundstrat managing partner Tom Lee] said, it comes down to trust in the financial system at the end of the day,” wroteGarlinghouse, adding that “As global populations continue to lose confidence in fiat currencies (as we’re seeing with USD), they will choose to diversify. Our future global financial system will do the same.”
This weekend, Bitcoin shot up above $10,000 for the first time in seven weeks, breaking a psychological threshold and sending the cryptocurrency’s price back to pre-coronavirus levels. Unlike on previous occasions, though, the biggest cryptocurrency by market cap may not be leading the market, but following in others’ wake. That’s the verdict of some experts who spoke to Decrypt, who also claimed that Bitcoin’s surge wasn’t unexpected. “A lot of analysts have predicted a breakout for some time...
The very same sentiment was expressed by several financial experts in Bloomberg’s article that Garlinghouse cited. Its authors noted that while cryptocurrencies are notoriously volatile and prone to manipulation, the blockchain technology that underpins them already gained some very influential proponents.
“At the end of the day, trust is really getting broken in the traditional financial system—that’s the theme. The less trust you have in the dollar, the more you want alternatives,” Tom Lee, co-founder and head of research at Fundstrat Global Advisors, told Bloomberg. “More and more people are saying, ‘You know what? It’s not such a bad idea to be decentralized.’”
Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin. The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California (USC). The exact details of his package are not known, but some college football players, such as Shedeur Sanders, have received estimated payouts of up to $4....
The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy. The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution of money and key fundamentals of Bitcoin. One of those fundamentals is Bitcoin’s 21 million fixed token supply. While the video explains t...
El Salvador may have reached a deal with the International Monetary Fund that will see the tiny country scale back its Bitcoin law—but it’s still going to “HODL.” And it might even step up its BTC buys. That’s according to Stacy Herbert, the head of El Salvador’s National Bitcoin Office, who wrote on X (formerly known as Twitter) Thursday that the country may even continue buying the cryptocurrency at an “accelerated pace” going forward. El Salvador in 2021 made Bitcoin legal tender along with...
