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Former US Official Catherine Austin Fitts Says Ripple and XRP Will Be Central to New Financial Infrastructure, Not Bitcoin

By

Anjali Belgaumkar

1d ago· 3 min readenNews

Summary

Catherine Austin Fitts, former Assistant Secretary of Housing and Urban Development and a prominent critic of centralized financial systems, states in a recent interview that Ripple and XRP will be central to the emerging financial infrastructure, while Bitcoin will not play a significant role. She draws a sharp distinction between Bitcoin's role as a digital asset and Ripple's utility in the financial system being built.

Source

bskyFormer US Official Catherine Austin Fitts Says Ripple and XRP Will Be Central to New Financial Infrastructure, Not Bitcoincoinpedia.org

Key quotes

· 2 pulled
XRP and Ripple will be exceptionally important to whatever the train tracks they're building
I don't see Bitcoin as being an important part of that.
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Catherine Austin Fitts, former Assistant Secretary of Housing and Urban Development and one of the most outspoken critics of central financial control

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