The Ripple team remains determined to achieve mass adoption of its products, even if it means talking directly to the White House, a tactic they are already trying according to a statement from the Company’s Chief Marketing Strategist.
In an interview for Breaker Magazine, Cory Johnson mentioned that the company takes very seriously not only its reputation but also the clarity of the legal status of its services. The high number of strategic partnerships and conversations with senior politicians have actively increased the startup’s credibility within the ecosystem.
Political conversations are neither new nor difficult for Ripple, a few days ago the former president of the United States, Bill Clinton, spoke at Ripple’s Swell Conference, warning that an excess of regulations could be counterproductive for the American economy.
Ripple has also been a key player in the legal struggle to make l more flexible and crypto-friendly regulations. The company behind XRP is part of the “Securing America’s Internet of Value Coalition” a group of startups that contracted an important lobbying and public policy firm to promote these changes through political/jurisdictional channels.
Ripple Goes To Washington
They also stated that conversations with the Trump administration lead to positive results. Mr. Johnson commented that he felt “truly amazed at the open-mindedness” with which officials listen to his ideas:
“When I started to meet with people in government and regulators, I had very low expectations. I have been truly amazed at the open-mindedness, number one. And number two, the smart questions, sometimes even tough questions. There’s clearly a lot of homework going on. The White House in particular seems to be thinking about what it means to have 80 percent of bitcoin mining taking place in China and a majority of Ether mining taking place in China. When you look at XRP, there is no mining, so from a foreign-control aspect or from an environmental aspect, XRP is a very different beast. And in conversations we’ve had with the administration, they seem to get that and think that might matter.”
Mr. Johnson didn’t want to reveal more than he should. When asked how far up the pyramid he went, he just replied:
“I’m Episcopalian, and the joke is we don’t talk about God or money, but we have lots of both. So we haven’t said who we’ve talked to. But we’re in regular talks throughout Washington, and we meet with regulators as well as politicians.”