Ripple CEO Brad Garlinghouse recently shared on X (formerly Twitter) that traditional finance is now viewing the cryptocurrency industry much differently than before.
The prominent executive remembers a time when leaders in traditional finance considered digital assets to be risky and worthless speculation.
He remembered a time when people dismissively called cryptocurrency “rat poison.” Now, it’s completely changed the financial landscape, with large companies actively investigating stablecoins and other digital assets.
Will Dogecoin (DOGE) Remove Zero This Week? New Reality for XRP‘s Price, Shiba Inu‘s Volatility Compression Is Close: Crypto Market Review
Canadian Billionaire Mocks Crypto Bull’s Tom Lee Latest Market Prediction
The “rat poison” dig
The infamous “rat poison” moniker has been immortalized by legendary investor Warren Buffett.
At the 2018 Berkshire Hathaway shareholder meeting, Warren Buffett playfully challenged his longtime business partner. This occurred shortly after Bitcoin‘s value had dropped significantly from its earlier high of almost $20,000.
Warren Buffett’s witty criticism comes from his core belief in value investing. He’s always said that true value comes from assets that actually *produce* something. He particularly likes well-established companies that reliably generate cash, goods, and payments to shareholders.
The “ChatGPT moment”
Brad Garlinghouse recently observed that major company leaders are now questioning their CFOs about using stablecoins. The $3 trillion in stablecoin payments processed last year has definitely gotten corporate America’s attention. He believes this is a pivotal moment for crypto, similar to the impact of ChatGPT, and that stablecoins are becoming the first step for many companies exploring blockchain and other crypto technologies.
While optimistic about tokenization, Garlinghouse cautioned against the current excitement, emphasizing that it needs to genuinely improve processes to be worthwhile. He explained that, like many Silicon Valley innovations, tokenization risks being a solution looking for a problem, and he’s seeing some applications that don’t quite make sense to him.
Gensler’s “lawfare”
As a crypto investor, I was really encouraged by the SEC and CFTC finally recognizing 16 digital assets as commodities – that feels like a huge step in the right direction. Honestly, the last four years under the previous SEC Chair were frustrating. It felt less about creating clear rules and more about attacking companies with lawsuits, almost pushing them to operate outside the US. I’m hoping for a more constructive approach going forward.
Read More
- United Airlines can now kick passengers off flights and ban them for not using headphones
- Katanire’s Yae Miko Cosplay: Genshin Impact Masterpiece
- All Itzaland Animal Locations in Infinity Nikki
- How to Complete Bloom of Tranquility Challenge in Infinity Nikki
- How to Get to the Undercoast in Esoteric Ebb
- Gold Rate Forecast
- A Dark Scream Theory Rewrites the Only Movie to Break the 2-Killer Rule
- All Golden Ball Locations in Yakuza Kiwami 3 & Dark Ties
- Fire Force Season 3 Part 2 Episode 24 Release Date, Time, Where to Watch
- BloxStrike codes (March 2026)
2026-03-30 09:07