TRUMP + White House Soon to Support Ripple XRP?!
After news that China has over 70% of Bitcoin mining power, we got the news that Trump administration and the White House have been in discussion about Cryptocurrency and specifically Ripple XRP.
Although this sounds far fetched and President Trump would likely never promote any crypto or implement using it, there is a possibility that they may support it over Bitcoin, Ethereum and other currencies. If China has the majority share of mining power for both Bitcoin and Ethereum, then the United States is going to be missing out of a massive amount of wealth in yet another area.
With xRapid just going live, we are yet to see many companies using XRP, but Brad Garlinghouse (Ripple CEO) has stated that by end of year 2019, they will have dozens of banks using xRapid and XRP for cross border payments. Not only that, but their xPring program is constantly getting new use cases for XRP and Codius is quickly picking up traction as well.
It would be crazy to see Trump and US govt adopt Ripple and XRP, but there has been many predictions of XRP becoming a world currency and premier digital asset. With China having the majority share of other top 2 cryptos, Ripple and XRP are a very valid candidate.
Imagine what would happen if Trump announced support of XRP in a tweet! Maybe that $589 end of year price prediction by Bearableguy123 are possible after all?