Ripple Chief Legal Officer and President of the National Cryptocurrency Association (NCA), Stewart Aldertoti, criticized The New York Times' report as "lazy and outdated," stating that cryptocurrencies are "meaningless and full of scammers." He argued that cryptocurrencies are an important part of the economic infrastructure for millions of Americans, helping them improve their financial situation, run businesses, and pay for goods. Aldertoti called on The New York Times to consult the NCA for accurate information and expressed willingness to clarify the practical use of the industry in the real world.
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Ripple Chief Legal Officer and President of the National Cryptocurrency Association (NCA), Stewart Aldertoti, criticized The New York Times' report as "lazy and outdated," stating that cryptocurrencies are "meaningless and full of scammers." He argued that cryptocurrencies are an important part of the economic infrastructure for millions of Americans, helping them improve their financial situation, run businesses, and pay for goods. Aldertoti called on The New York Times to consult the NCA for accurate information and expressed willingness to clarify the practical use of the industry in the real world.