Quote from: abrahamlitcoin on February 23, 2015, 04:02:52 AM

Ripple Labs Gets A Boost As An Ex-Fed Joins The Team

Will Ripple get the boost that they need with the acquisition of Norman Reed?
Will this help bitcoin in a way?

I feel that the people surrounding Ripple Labs like this guy will lobby for regulation of the ripple network. This transparency to what is right and wrong to the small and large banks will make it safer/easier/faster to acquire/hold/spend BTC through new apps like gatehub or other gateways.

I believe this will bring more liquidity to BTC but I have no idea about the future price of BTC. Id be fine with it being stable at $250 for the next few years.