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Ripple CEO Trolls Bitcoiners with New Statement

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Sun, 26/01/2025 - 19:33
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Ripple CEO Trolls Bitcoiners with New Statement
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Ripple CEO Brad Garlinghouse has taken to social media to react to the rapidly escalating feud between Bitcoiners and XRP fans. 

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After the cryptocurrency industry attempted to feign unity following key wins last year, an out-of-control fight erupted between the two major communities. 

The feud started after Pierre Rochard of Riot Platforms accused Ripple of lobbying against the creation of a much-hyped Bitcoin reserve. 

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Garlinghouse seemingly confirmed that the company was pushing for a multi-token alternate, which is something that was guaranteed to make Bitcoin maximalists absolutely livid. 

Strike founder Jack Mallers argued that Ripple was trying to undermine "prosperity" and "freedom" in the U.S. with its lobbying efforts. 

Swan Bitcoin's Brady Swenson has slammed XRP as a "centralized scam" that is merely disguised as a digital asset.

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Vocal Bitcoin evangelist Samson Mow says that Ripple is still not hated enough. "You still don’t hate them enough and there are still way more reasons why you should hate them," he said.  

"Ripple is an American company the same way that Enron was an American company. Taxpayers do not want to support your grift," Alexander Leishman, CEO and CTO at River, commented on social media. 

The two major communities do not seem to be anywhere close to burying the hatchet.  

"You want the government to buy XRP, and yet Ripple is a mass seller of XRP? With all due respect, walk the walk if you want to have any credibility," Rochard said in response to Garlinghouse's sarcastic post. 

He has also accused Ripple of moving "billions of XRPs" to exchanges to prepare for the "rug dump" after the token surged in price. 

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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