In 2023, Ripple, along with two other leading cryptocurrency companies, launched Fairshake, the industry’s major super PAC. According to Ripple CEO Brad Garlinghouse, Fairshake was formed in response to the SEC’s stance on cryptocurrencies. The super PAC aims to advocate for fair regulations and policies that support the growth and innovation of the cryptocurrency industry.
In a recent interview on “60 Minutes,” Garlinghouse discussed the motivations behind starting Fairshake and the importance of ensuring the industry has a voice in shaping its future. With the cryptocurrency market continuing to evolve and gain mainstream attention, the need for advocacy and representation has become increasingly crucial.
“60 Minutes” is known for its hard-hitting investigative reports and in-depth interviews, making it the perfect platform to shed light on the significance of Fairshake and the challenges facing the cryptocurrency industry. As the industry continues to navigate regulatory hurdles and public perception, initiatives like Fairshake play a vital role in promoting transparency and collaboration within the crypto community.
To stay updated on the latest news and developments in the world of cryptocurrency, be sure to subscribe to the “60 Minutes” YouTube channel and watch full episodes on CBS News. You can also follow “60 Minutes” on social media and download the CBS News app for even more content. Join the conversation and stay informed about the future of cryptocurrencies with “60 Minutes” and Fairshake.
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Video “Ripple CEO on why crypto super PAC Fairshake was started | 60 Minutes” was uploaded on 12/06/2024 to Youtube Channel 60 Minutes
Nice hit piece against crypto. I used to watch 60 minutes all the time and now I NEVER will again!
XRP, like all crypto, is a scam. It's intentions are good, but it has been corrupted. For example, I bought XRP back when it first started. I cashed out at the peak after learning that XRP is not the product that Ripple sells as a service to the banking industry. It is, for all intent and purpose, a money making scam by Ripple. All crypto has become a toy for the wealthy and is no longer the Utopia which was first proposed to decentralize the financial market. Think about this, I recently read that Amazon is thinking about accepting BTC for payment. So, you give them BTC which they hold, then sell back to the open market. They don't give you BTC, they keep it. Who does this serve? The corporation or the public? Do not think they they are doing this for the public. They are doing it because it will increase their profits.
Dear CBS 60 Minutes, do you understand what the XRP Ledger technology is and what it was designed for? I didn't hear of a description in this biased promo. This is an innovative technology. It is going to innovate cross border payments, the same way the microwave reduced cooking times verses the oven.
This report is ridiculous. They didn’t explain the judgements made in the case and the SEC lies.
60 Minutes is total B$ and did a hack job! Never in my life will I watch this show again! #60Minutesboycott
What a hit piece this is on crypto. Congratulations 60 Minutes. You just proved to millions of people that your job is to mislead the public rather than to inform the public. This interview was the LAST INTERVIEW that ill ever watch on 60 minutes. You were given an opportunity to show why we should come back for more and instead you just reinforced ALL of our concerns about the media and it's agenda!!!!!!!
Terrible interviewer, the agenda was set up to only talk about influence of the elections.
Why would you knowingly attract millions of crypto members to watch your show, and then flip them the bird like this. Tell us you hate your job without telling us you hate your job.
XRPL not only for banks, it's also for green technology economy and tokenization economy.
Bush sent the army after the last enemy to the dollar. The bankers are 100% asleep at the wheel.
This was a "feels" or "vibes" treatment of crypto-assets, Ripple Inc. and akin industries. Viewers can get "feels" from Tik Tok and amateur journalists on Youtube. One expected, perhaps naively, a more thorough investigation and treatment of this issue, since it has/ will have life-changing implications and ramifications for competing industries; and the global citizenry.
Why did you all clip the interview and lie?
Great job Margaret! You successfully manipulated the truth and gave people another reason to get far away from main stream media. Sad this used to be a good show.
CBS allowed SEC rep to outright lie and present as factual. Easily disprovable. It's a wonder why media ratings have cratered
You didn’t tell the whole story shame on you
I’m not happy with watching 60 mins here. I’m going to talk about this with my clients . Will get to bottom of the promoters and turn their marketing inside out . They don’t want to get political BUT they just Trojan horsed themselves . This is a job for an Artificial intelligence bot to trash their reputation . And their next topic and their next visitor etc. Welcome to my realm old and in the way 60 minutes. Bombs away lol.
Gary Gensler was not the head of SEC when Ripple was charged.
Don't you know, pump it up! You've got 2 pump it up!
Why did he even go on this GARBAGE SHOW! Nothing but deceivers and liars.
XRP/RIPPLE STRONG





! BRAD YOU SHOULD DO PODCAST INSTEAD!!!
Hit piece. Weak af
2013 bitcoin is a scam coin vibes with this media talk down
Yall are still trash. don't try and make your original story less damning because you know the mass is seeing through the narrative. All the real journalists need to relocate, and the company needs to get new leadership to be relevant.
Bidens administration was horrible.
Ripple invited the SEC to their home like a cps agent to ensure they were compliant etc. The SEC turns around and back doors them. Shame on the SEC who did nothing to FTX! The SEC is a scam.
Booo, stop hacking YouTube Accounts, Ripple
You’re in a league of your own!,Just a quick off-topic question: I have TRC20 USDT in my OKX wallet and I have the recovery phrase: 「pear flame keen lift shine genuine photo other wire motion pact common」. What is the best way to transfer them to Binance?
Fraud, scam