BenArmstrong,alsoknownasBitBoy,hasrecentlyhintedthatamajorannouncementregardingtheglobaladoptionofXRPisonthehorizon.
ArmstrongrecentlymadethissuggestiononXwhileengagingwithXRPcommunityfigureEdoFarinaaboutXRPbeingadoptedasaworldreservecurrencybymajorfinancialinstitutions.
Inhispost,FarinasharedanimageillustratingkeyconnectionsbetweenRippleexecutives,includingchairmanChrisLarsen,andmajorglobalfinancialinstitutionsliketheFederalReserve(TheFed),U.S.Treasury,IMF,andtheWorldEconomicForum(WEF).
Theimagesuggeststhatatleast18topRippleofficials,bothcurrentandformer,havehadorhaveongoingconnectionswithprominentdecision-makingbodiessuchastheFed,IMF,WEF,SEC,andSWIFT.
AccordingtoFarina,theseconnectionspointtooneinevitableoutcome:XRPbecomingthe“WorldReserveCurrency.”CommunitycommentatorslikeFarinaoftenusethisnarrativetoadvocateforabullishperspectiveonXRP.
However,BitBoysharedaslightlydifferentview.WhileacknowledgingthelegitimacyoftheseconnectionsandtheimportantroleXRPwillplayinthefuturefinancialsystem,ArmstrongdisagreedwiththenotionthatXRPwillbetheglobalreservecurrency.“ThatisNOTgoingtohappen,”heremarked.
Meanwhile,ArmstrongemphasizedthatBRICSPay—anewpaymentsystembeingdevelopedbyBRICSnations—hasastrongerchanceofclaimingthatstatusthanXRP.
ThatisNOTgoingtohappen.BRICS+Paywillbethenextworldreservecurrency.
Theseconnectionsarereal.ThisiswhyI\'vebeentellingyou$XRPwillWIN.
Ripple&XRPwillplayaHUGEroleinunderpinningwhatiscoming.Announcementscomingsoonregardingthis.https://t.co/xaEnbS1iJQ
—TheBitBoy(@BenArmstrongsX)October12,2024
BigAnnouncementsComingSoonforFurtherClarity
Nonetheless,ArmstronghighlightedthatRippleandXRPwillplayacrucialroleinshapingthefuturefinanciallandscape.ThissuggeststhatwhileXRPmaynotbecometheworldreservecurrency,itsinfluenceonfuturefinancialinfrastructureisundeniable.
HefurtherexplainedthathisdisagreementwithFarina’sperspectivearisesfromaccesstodifferentinformationthatsupportsanalternativethesis.
“WebothagreethatXRPisgoingtothriveandplayasignificantroleinthefinancialsystem;it’sjustthe‘how’thatwehavedifferentopinionson,”hesaid.
Inthiscontext,hehintedatupcomingannouncementsthatcouldprovidefurtherclarityonthematter.
alsonodisrespectto@edward_farina.Ijusthaveaccesstodifferentinformation.
Wearebothinagreement$XRPisgoingtorip&playahugeroleinthefinancialsystem.It\'sonlythe\"how\"wehavedifferentopinionson.
—TheBitBoy(@BenArmstrongsX)October12,2024
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