Renowned crypto expert Jason Friedman has pointed out similarities between Ripple Labs and Amazon. He believes that Ripple is following a similar business model to Amazon in its early days, focusing on long-term growth and expansion.
Friedman cites statements from Jeff Bezos and Brad Garlinghouse, CEOs of Amazon and Ripple respectively, that support this comparison.
Both Bezos and Garlinghouse emphasized the importance of looking towards the future rather than immediate profitability.
Additionally, Ripple’s CTO, David Schwartz, has predicted that XRP tokenization could occur within the next year or year and a half.
Overall, these observations suggest that Ripple is adopting strategies similar to those that propelled Amazon to become one of the most successful tech companies in the world.