New Forbes Interview with Ripple’s Chris Larsen Discusses Crypto, Blockchain, and Internet of Value
A Twitter announcement from Ripple brought attention to a recent interview that Chris Larsen had with Forbes. Larsen, the co-founder and the “angel investor” of Ripple, attended the Philanthropy Summit, and Forbes managed to get a could minutes of discussion in on his opinions regarding the expansion of cryptocurrency, blockchain technology, and Internet of Value.
The interview, which calls Larsen the “richest person in cryptocurrency,” starts off with the topic of cryptocurrency. When describing the reason that Ripple has taken such an interest in blockchain in the first place, Larsen says,
“We just realized, there’s a fundamental problem with the world that needs to be solved, and that is – you really can’t have globalization that’s workable unless you have interoperability and three things: data, goods, and money. We only have those in two things – data and goods. Without the money part, globalization doesn’t work; it’s incomplete.”
He goes on, discussing how they believe that the use of blockchain basically a step in the process towards globalization. By integrating blockchain, he believes the chances are better. Ripple and Larsen find that this technology and the concept of globalization are necessary for the new digital age.
By offering cryptocurrency, the door opens for consumers and companies to earn a profit, while still reaching into absolutely any industry in the world, which is part of the appeal in the first place. However, there are many barriers in the industry now, with Ripple’s main issue being the lack of goods. Globalization is not a reality at the moment, but it could easily become one.
Right now, “the stakes are even larger,” according to Larsen. He expects that the use of cryptocurrency will ultimately bring the world closer together. The “friction” in the industry is making the potential progress seem less valuable, but Larsen’s goal is to gradually help with eliminating those taboos and supporting decentralization globally.
Visit https://www.forbes.com/video/5827498346001/ to view the full, yet brief, video.