The US Government Is Very Positive About Using RIPPLE In The Future

As you all know XRP is kind of a mix between the banking system and blockchain. The reason the US Government likes XRP is because they see the potential use of it all and how to turn it main stream. XRP allows transactions at 1/10 of the cost of a bank transaction and 100x the speed as well, while all secured on the blockchain. This is a statement given below, that a representative gave regarding Ripple & XRP!

We definitely already have major banks on the platform: Standard Chartered; Santander, the largest bank in Spain; Itaú [Unibanco], the largest bank in Brazil (Note: the banks are part of the RippleNet). But when traveling in Asia or the Middle East, you'll see changing companies on every corner. That's because banks are not the way money moves in these countries - it's moved by companies that make transfers. What we see are many and many smaller companies - ones that I've never heard of before I started registering and using our software. At first it will not be the big, established players.

In response to the question of what the White House and the Trump government think about Ripple, Johnson explained:

I was really surprised by the open-mindedness. Secondly, I was surprised at the smart questions, sometimes even the difficult questions. There is clearly a lot of homework. In particular, the White House seems to be considering what it means that 80 percent of bitcoin mining is in China and much of the ether mining is in China. If you look at XRP, there is no mining, so XRP is a different thing from the point of view of third-party control or the environment. And in conversations we have had with the administration, they seem to understand that and think that might be important.