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Ripple and XRP
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October 2, 2019

Does Ripple Really Need XRP? Bitcoin Bull Anthony Pompliano Nabs Interview With Brad Garlinghouse

By Daily Hodl Staff

Bitcoin bull Anthony “Pomp” Pompliano, co-founder of Morgan Creek Digital Assets, has confirmed an upcoming interview with Ripple CEO Brad Garlinghouse.

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On a recent podcast, Pompliano, who says he holds half of his wealth in Bitcoin, said he was “confounded” by Ripple’s use of the cryptocurrency XRP.

“Frankly, I’m very confounded by XRP. Mainly in the sense that I think the software company behind it, Ripple – what their ambitions are makes a lot of sense. They would like to help banks transfer money more easily. That seems to be a very rational perspective and it’s something that if you’ve ever used a bank, you know it can be painful.

Where the questions come in, and I probably lack understanding, is how XRP is needed in that process. I always say that if people could mentally separate Ripple the software company from XRP the token, there would be a lot less backlash against Ripple the software company.

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I think a lot of the backlash and the controversies around that – some of it’s around how it was sold, some of it’s around how it’s used today.”

In a proposition that went viral – with crypto enthusiasts and XRP supporters dialing in dozens of questions – he followed up his remarks about XRP by asking Garlinghouse to join him for an interview on his podcast, Off the Chain.

More questions are streaming in for Ripple’s CEO, including a request for information about the company’s rebranding of its products.

Pomp says he will release the full, unedited conversation on Monday or Tuesday.

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