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"Black Swan" Event Could Transform US: Ripple CEO

Author: Content Editor
Ripple CEO Brad Garlinghouse believes that an unexpected "black swan" event could propel the United States into becoming the global leader in blockchain technology. He drew parallels between the current cryptocurrency markets and the early internet era, highlighting how regulatory clarity in the telecommunications industry led to U.S. dominance in internet technology. Garlinghouse suggested that similar regulatory developments could rapidly transform the blockchain industry and unlock untapped potential for growth. Despite existing regulatory challenges, he remains optimistic that clear guidelines could trigger rapid development in the cryptocurrency sector, similar to the expansion seen in the early internet industry.

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