Who knew? The U.S. government-those masters of foresight-published a research paper back in 2018-2019 that semi-proves Ripple’s tech is not entirely garbage. 🤭 Small miracles, friends, small miracles.
Penned for astronauts and bureaucrats, not for crypto bros or Elon’s pet dragon, this paper somehow deems Ripple’s bookkeeping “trusted.” Aka, not a total dumpster fire. 💣✨
Blockchain vs. DLT: The Government’s Love Letter to Jargon 📁
The report, shared at a space-themed boys’ club (US Space Symposiums), declares governments don’t care about “blockchain”-a buzzword!-but instead crave Distributed Ledger Technology, a term clever enough to sound profound. 🧠🥻
Public blockchains? Too chaotic! Governments prefer systems where the rules are… actually known. Like, you know, laws. Not wild dogs with mining rigs. 🐺💻
The paper even managed to say: DLT works without anonymous users, mining, or open access. Progress: making a system usable by the people who follow laws. Shocker! 🤷♂️
Ripple: The Government’s Favorite Stepson 🧑💼
When the paper gets spicy and mentions “trusted ledgers,” it points at Ripple like a proud parent. Because why would anyone trust other blockchains? 😂
Bitcoin and Ethereum get the “open and permissionless” schtick? Pfft! Governments just want systems where you know who’s playing and can yank the plug if they sneeze wrong. Enter Ripple: banks’ new best friend. 🤝💸
Ripple’s perk? It lets institutions do boring but vital stuff: pile on data, manage IDs, and send money without accidentally burning it into the sun. Because drama is not welcome. 🏢📝
Ripple’s Real Job: Paying People to Parse Paperwork 📄
Ripple’s tech is now used by 300+ banks in 90 countries. Big names? Santander, Standard Chartered, PNC, and even Canada’s CIBC-because nothing says trust like an acronym. 🇨🇦🏦
American Express and a bunch of fintechs are also using XRP to move money faster than your dating app sends “Hey”. Institutions love it because it’s cheaper than traditional systems-aka, they save enough cash to buy coffee for a century. ☕
XRP: The Anti-Hype Train 🚂
XRP’s secret sauce? It doesn’t chase hype-it avoids it. Governments don’t play in hype’s sandbox; they get systems and stick with ‘em until the next budget cut. That’s XRP’s thing! 😎
This paper basically says: “Ripple isn’t a trend-it’s legacy. A weirdly polite one with a ledger.” While others chase memes, XRP is quietly the backbone of… well, more people than you’d guess. 🤬
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2026-01-08 10:23