The XRP Conference in Las Vegas was the scene of an important discussion in the crypto currency sector. Ripple $2.14 Labs CEO Brad Garlinghouse, Bitcoin of the XRP community in his speech 
$104,030.58He said he should give up seeing it as a competitor. Garlinghouse called for strengthening the cooperation among different crypto currency communities in the industry.
Ripple (XRP)
In his speech, Brad Garlinghouse expressed the opinion that crypto currencies and technology are not a zero -total game. According to him, the target of XRP and Bitcoin communities should be to compete with the global banking system and to grow the sector. Garlinghouse pointed out that the division in the sector may prevent the achievement of common goals. CEO emphasized the importance of crypto currency communities as not as competitors, but as stakeholders working together.
Brad Garlinghouse: “Bitcoin community is not an enemy. The main goal is to deal with the global banking system and to enlarge the sector.”
Garlinghouse said that the development of crypto currencies has a greater development potential, rather than the superiority of one side to another, by transferring the experience of more than 24 years to the speech of the Silicon Valley.
Bitcoin and XRP: Solidarity instead of competition
Some discussions within the XRP community focus on competition caused by Bitcoin’s market domination. However, Garlinghouse underlined that this approach could harm the sector in the long run. He said that the polarization in the sector should be reduced in order to develop both Bitcoin and XRP in their ecosystems. It is stated that mutual respect among communities will make a positive contribution to the sector.
Brad Garlinghouse: “Crypto ecosystem is not a zero -total game. Everyone can work together.”
Discussions at the conference show that crypto sector stakeholders should be prepared against the difficulties that may face in the future.
Sectoral strategies for the future
Garlinghouse’s views emphasize that common strategies and collective progress should be encouraged instead of community competition within the crypto currency sector. While legal arrangements and competition increases against the increasing popularity of crypto assets, the emphasis on the cooperation of leading names may direct the sector. In addition, Garlinghouse’s statements can contribute to the creation of more dialogue and joint working environment between various crypto communities. But in 2021, Ripple CEO made extremely disturbing explanations about the environmental damage of Bitcoin mining to the environment. In fact, we saw that the company was claimed to have been spent money for anti -Bitcoin propaganda.
For now, the description of Ripple CEO shows that hostility is over.
Brad Garlinghouse’s statements at the XRP Las Vegas conference emphasize that the polarization in the industry should be reduced and an inter -communal cooperation should be increased. For the sustainable growth of the crypto currency sector, solidarity and adoption of common goals in the sector are considered important by leaders in the sector. It is possible to strengthen the sector against traditional financial structures and unite around common purposes.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
