Quotes of All Topics . Occasions . Authors
Most turnarounds don’t turn.
You should empower the creativity of others.
I'm a big fan of what Salesforce has achieved.
What xRapid allows you to do is to have real-time liquidity.
My mom was born poor, raised poor, and was going to die poor.
Yahoo is a great company, and anyone should be proud to be CEO.
Blockchain technologies will change transactions in a broad way.
I have this philosophy that A and B students work for C students.
Governments aren't going to go away; banks aren't going to go away.
XRP is solving a payments problem, and it's very efficient to do that.
I can remember living in the housing projects and being broke like it was yesterday.
I don't think central banks are going to give up fiat currency anytime in my lifetime.
If the asset solves a real problem for a real customer, then there'll be value in the asset.
Some of the uses being implemented for blockchain could actually work better with a database.
The industry should take comfort in knowing that WinStar is my main focus after my faith and family.
As I was looking around, to me, what was happening in the blockchain and crypto world was a movement.
If the cryptocurrency market overall or a digital asset is solving a problem, it's going to drive some value.
If Ripple as a company went away, XRP would continue to trade. To me, that's the definition of decentralization.
I say a little prayer every time I see a race. I say a little prayer that the riders and the horses will be okay.
The revolution of blockchain is not going to happen from outside the system; it's going to happen from within the system.
If a business has to be told that it needs more focus, accountability and decisiveness, there is a bigger problem at hand.
When you look around Silicon Valley at new companies, there are very few ideas that are going to make a dent in the universe.
Whether you talk about Africa or underbanked communities, these are all examples where Ripple can change the way society works.
I think most of the ICOs you're seeing are not real token use cases. They're really securities, so I think the SEC should regulate that.
Ripple is focused on enabling a global network of financial institutions to use our software to create what we call the Internet of Value.
We are all products of our experiences, good and bad. Sometimes you learn as much from the negative experiences as you do from the positive.
To be candid, I think, in retrospect, it was a mistake to work at AOL when I did. I think I had rose-colored glasses about the opportunity to reinvent AOL.
Some of the people at Ripple I think are truly the smartest people I've ever worked with in my career, which makes it a lot of fun to go to work every day.
I go to the farm generally every other week, but I'm on the phone with them every day, and I watch every race on TV. Not a day goes by when I'm not working on that.
Blockchain is like the new big data or AI - too many people are using it as a buzzword and not focused solving a real problem. We like to call them Blockchain tourists!
Some in the bitcoin community have always taken an anti-government, anti-fiat, anti-bank approach to their philosophy. Ripple takes the orthogonal side of each of those.
Some of the bitcoin community come from that kind of anarchistic, libertarian view. But, one reason why I think Ripple has been very successful is because we work with the system.
What's happening in crypto - and certainly what's happening at Ripple - we have an opportunity to fundamentally change the way global commerce is managed from a payments point of view.
There are a lot of really fabulous things that get done with digital assets and blockchain technologies to reduce friction, to reduce costs, and enable things that weren't possible before.
PayPal exists because banks are not interoperable: I can't efficiently pay you $10 unless I'm giving you a $10 bill. So we're all on PayPal and Venmo, I need interoperability on the same ledger.
'Be in' is all about passion. Life is short. There are so many interesting things we can do in our life, and I feel like if someone is just kind of showing up, it's not worth it for them or for us.
There is a lot of volatility in the digital asset market broadly, and certainly that is true in the bitcoin market. It's been true for XRP, and I think that's because these markets are very nascent.
I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be faster adoption of the blockchain in the enterprise space and with banks.
I think any great culture is born out of transparent, authentic communication. You almost can't overcommunicate. You can try, and you might think, 'Oh, do I really have to say this again?' And the answer is yes.
I think what Ripple is doing is not just, 'Hey, how do we enable banks' - it's a broader effort in how can you enable an Internet of Things and connected devices that are economic actors to pass a couple pennies.
In the bubble that was dot-com 1.0 emerged Google, Amazon, and some of the most valuable companies on the planet. They were successful because they focused on their customer; they focused on revolutionary products.
The thing I think is often misunderstood about Ripple is people say, 'Oh, Ripple is a centralized platform.' To me, this is a legacy perspective. Ripple's technology, IRP, is open source; XRP Ledger is open source.
In the 1970s, I bought some cheap horses, then decided that if I was going to be in it, I was going to go big time. So in 2001, Bill Casner, a partner with me in Excel, and I bought a breeding farm, WinStar Farm, together.
A bank-issued digital asset can only really efficiently settle between the banks who issued it. I strongly believe banks need an independent digital asset to enable truly efficient settlement, and we believe XRP is best positioned for that role.
That kid who lives in the projects, he has a self-esteem problem - everybody looks down on him. He may be a good kid, but other parents don't want their kids to be with them because percentages say they could be bad. I went through a lot of that.
I was in oil when oil was $8 a barrel and in construction when interest rates were 20 percent. I was looking for something everyone used and where you could build a customer base - and if it was successful, you could take it nationwide and even worldwide.
When I was in high school, my uncle, who went to the races quite a bit, got me interested. Then when I went to college at Southern Illinois University, just a few hours from Louisville, we used to go to the Kentucky Derby, and I got to see Secretariat and Riva Ridge win.
To me, if we're not failing a little bit, we're not trying hard enough. I think great cultures encourage risk and are tolerant of failure. If you don't do that, you're going to end up with a culture that is stagnant and not thinking about the next generation of products and experiences.
XRP is a digital asset that exists on the XRP ledger, one of the open-source products created by Ripple. XRP is a pivotal component of the Internet of Value, since it solves a key point of friction: the pre-funding of nostro/vostro accounts necessary to facilitate cross border payments.
People who know me know that I'm a rabid fan of the Kansas Jayhawks. My quirky habit is that every Kansas game is on my calendar, and, more often than not, I will plan and schedule flights around them so that I can engage and watch. I have already brainwashed my family to be Jayhawks fans.