COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Famous Crypto Expert Highlights Ripple (XRP): Following in Amazon’s Footsteps!
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ripple (XRP) > Famous Crypto Expert Highlights Ripple (XRP): Following in Amazon’s Footsteps!
Ripple (XRP)

Famous Crypto Expert Highlights Ripple (XRP): Following in Amazon’s Footsteps!

In Brief

  • A video recently caught attention in the crypto world. In a statement made by famous crypto expert Jason Friedman, the host of the Chain of Blocks YouTube channel, it was shared that Ripple Labs, a leading blockchain payment company, and Amazon, one of the world’s largest technology firms, have similar structures.ContentsJeff Bezos and Brad GarlinghouseRipple […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

A video recently caught attention in the crypto world. In a statement made by famous crypto expert Jason Friedman, the host of the Chain of Blocks YouTube channel, it was shared that Ripple Labs, a leading blockchain payment company, and Amazon, one of the world’s largest technology firms, have similar structures.

Contents
Jeff Bezos and Brad GarlinghouseRipple CTO’s Statement

According to Friedman, Ripple is following in Amazon’s footsteps. The expert claims that Ripple is adopting the business prototypes used by Amazon in its development process, which have made it a global technology company.

Jeff Bezos and Brad Garlinghouse

Jeff Bezos is the CEO of Amazon, while Brad Garlinghouse continues to serve as the CEO of Ripple. It seems that Friedman has closely observed these individuals. The expert who mentions parallels on behalf of both companies expresses the opinion that the CEOs have similar visions in the early stages of their respective companies.

The first point emphasized by Friedman is Jeff Bezos’ inability to generate profits for Amazon in previous years. He referred to an interview conducted in 1999. In the mentioned interview, Amazon’s CEO Bezos explained that the focus of the company was long-term and this is why they directed their earnings to support the company’s expansion into other departments.

Now, 24 years after the interview, Amazon is one of the most successful companies in the world, and its growth has been much greater than anticipated.

In addition, Friedman didn’t overlook Brad Garlinghouse’s speech at the Token2049 conference in Singapore. According to the analyst, there are parallels between Bezos’ views in 1999 and Garlinghouse’s views.

During the conference, Garlinghouse was asked about the profitability of Ripple. In response to this question, the CEO made a statement similar to Bezos’ response years ago, stating that the company is currently not focused on making profits but rather on focusing on the future.

The Ripple CEO acknowledged the disruptive nature of various factors such as liquidity, the unpredictable volatility of the crypto market, and other macroeconomic events on the crypto market. However, he didn’t refrain from expressing his belief in the future of crypto projects.

Garlinghouse said the following:

We will continue to invest, hire more people, and acquire more companies because I believe in where the world is going.

Ripple CTO’s Statement

David Schwartz, the Chief Technical Officer (CTO) of Ripple Labs, announced that XRP could experience real-world asset (RWA) tokenization after a two-and-a-half-year process, creating excitement. The CTO made the following statement:

I think we will see this within the next year or year and a half.

Schwartz made this statement about three months ago. It should be noted that the statement was part of an interview implying that RWA tokenization is imminent.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Discover How XRP Accelerates the Pharma Payment Network in Seconds

Ripple XRP’s Price Swings Keep Market Enthusiasts Hooked

Florida Firm Strengthens Digital Payments with XRP Technology

Ripple Settles Legal Battle with SEC, Bringing Relief and Controversy

Ripple’s Victory in Legal Tug-of-War Against SEC Ignites Excitement

COINTURK NEWS 19 October, 2023 - 9:17 am 18 October, 2023 - 10:03 pm
Share This Article
Facebook Twitter
Share
Previous Article Latest Ethereum Analysis: Will the Bullish Trend Continue?
Next Article Promising Future for Bitcoin: MicroStrategy Buys Another $1 Billion Worth of BTC
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Trump Cuts Ties with Lobby Firm Over Digital Asset Controversy
Cryptocurrency News
Lido Finance Empowers stETH Holders with New Governance Proposal
Cryptocurrency News
Coinbase Embraces Innovative Strategy by Managing Bitcoin Holdings Differently
Bitcoin (BTC) Coinbase
Crypto Markets Surge with Bitcoin’s Impressive Rise
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?