Simon Taylor on Muck Rack

Simon Taylor

London, UK
Co-Founder, 11:FS and Host — Blockchain Insider

#Fintech Geek. Co-Founder of @11FSTeam. Consultant. Podcast host @bchaininsider and enthusiast for tech all things #bitcoin and #blockchain related.

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@sytaylor — 22,067 followers, 28,638 tweets

@byongho I can follow a logic that says, they'll adopt other Ripple offerings whilst XRP continues it's journey for legitimacy in the eyes of global regulators. I'd question whether we are at that point yet.
@byongho Creating a settlement asset requires a legal and regulatory framework, not just a technical one. I think that framework isn't in a place where many banks can get comfortable with it at scale. That said - other - non cryptocurrency related bits of the ripple offering they can
@byongho For example a lot of banks are reticent to hold anything on their balance sheet that resembles a cryptocurrency, not least since the European Banking Authority told them they can't.
@byongho All I ever questioned was the relative maturity of Ripple's solution and ability to solve that problem - vs perception / marketing / journalists confusing the various bits of the ripple offering. Redefining settlement is non trivial and requires acceptance
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