- Scottie Pippen recently endorsed cryptocurrencies like XRP, ADA, and LINK, highlighting their borderless advantages amid global tariff issues.
- His support echoes the growing belief that digital currencies are resilient and free from the constraints of traditional financial systems.
NBA legend Scottie Pippen, renowned for his role in the Chicago Bulls’ dominance during the 90s, has recently endorsed the world of cryptocurrency, bringing attention to Ripple’s XRP, Cardano (ADA), and Chainlink (LINK). In a social media post, Pippen underscored the advantages of digital currencies, emphasizing their borderless nature amid the ongoing global tariff struggles.
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Pippen’s declaration — “There are no tariffs on greatness…Crypto moves free” — resonates with a growing sentiment among crypto advocates. As tariffs and economic tension escalate, digital currencies like XRP, ADA, and LINK offer a unique advantage due to their decentralized and cross-border capabilities. This statement aligns with the views of Michael Saylor, cofounder of Strategy, who recently noted there are no tariffs on Bitcoin, stressing the borderless strength of cryptocurrencies.
The global stock market has faced turbulence, with the S&P 500 experiencing a sharp decline of nearly 5%, the largest drop in over a year. In contrast, while the cryptocurrency market wasn’t immune to the global uncertainty, Bitcoin has proven to be relatively resilient, holding above the $80,000 mark. Though Bitcoin experienced some sell-offs due to the tariff news, its overall performance has been viewed as stronger compared to traditional risk assets.
Hunter Horsley, CEO of Bitwise Invest, further highlighted that cryptocurrencies like Bitcoin and Ethereum face no tariffs, a feature that gives them an edge over traditional assets in uncertain times. As global financial systems buckle under the pressure of tariffs, cryptocurrencies continue to assert their value as alternative assets, untouched by trade disputes.
While market analysts debate whether Bitcoin’s recent correlation with tech stocks is temporary or not, Pippen’s post places a spotlight on the need for alternatives to traditional financial systems. As the world navigates through economic challenges, digital assets like XRP, ADA, and LINK are being recognized not only for their technological innovation but also for their ability to thrive in a world increasingly wary of tariffs and border restrictions.
In this climate of economic uncertainty, Scottie Pippen’s endorsement of these digital assets serves as a reminder that in the world of crypto, there are no borders — just opportunities for growth and freedom.
