XRP Ledger Was Built For Efficiency

[00:00:00]You can't have a stable coin or theory without holding some Ethereum.

[00:00:03]So, you've got to accept this as fundamentals of this is how it operates.

[00:00:08]And actually, what do you want? You want something that's efficient. You want something that's quick, easy to get hold of. And actually, environmentally friendly. That would again, I'd come back to my days at Ripple. That was always the play with the XRP ledger. It was designed to be not energy intensive.

[00:00:23]And I think in the days we're seeing with AI and the adoption of data centers and pushback against electricity consumption and environmental damage caused by some of that, potentially caused by some of that. Also, we're veering off a little bit, but there's always at the front of people's minds around this. And this was something that again, this is why the creators of the XRP ledger came up with what they did cuz they could see that Bitcoin and others weren't operating to that level and actually could just consume vast amounts of energy and not return the same amount of usable value. It is very interesting you mentioned data centers there.

[00:00:54]>> It's remarkable to me how there was this real push towards net zero or an energy-efficient system. And then data centers come along and they're just like, "Well, we'll forget about that for a period of time. I'm sure we'll revisit it once there's been a bit more of a build-up."