Earlier we wrote that former U.S. President bill Clinton will deliver the opening speech at a two-day global technology conference called Ripple Swell.
According to TechCrunch, in the speech of the former President touched on his new book, co-authored with James Patterson, the regulation of arms trafficking, background of the Oslo agreement and several other topics that had little to do with the cryptocurrency.
Clinton, as expected, not immersed in the intricacies of regulation facing Ripple. However, Recalling its experience with Internet companies in the late 90s, he called on those responsible for the regulations for cryptocurrency businesses and their enforcement do not get involved and not to overreact. A similar message he addressed to entrepreneurs:
I think it is very important that people like you, who are in the vanguard, not keen on fast profits and sensations of extension, of their rights and opportunities, forgetting that there is one rule that has not been canceled: if something sounds too good to be true, it probably is. In the modern world need to take this into account and hedge the risks, not killing the goose bearing the Golden egg. This means that we need a smart approach to regulation and organization of any structures.
Clinton can not be attributed to an ardent supporter of cryptocurrency, but he shows obvious enthusiasm for new technologies, blockchain and artificial intelligence aimed at shaping the economic future of the United States. Blockchain, he said, has the potential because it is applicable across national boundaries and groups with certain income levels.
And, though Clinton spoke on many topics not related to the theme of the conference, its appeal “not to kill the Golden goose” premature or excessive regulatory measures will surely remember for investors and entrepreneurs who bought XRP as “safer” assets in the future financial structure generated by the cryptocurrency.