Bitcoin vs XRP? Ripple CEO Says It’s Time to End the Crypto War
Ripple CEO Brad Garlinghouse has called for an end to the ongoing conflict between the Bitcoin and XRP communities. The piece, frequently seen as a sign of criticism toward Bitcoin mining, drew backlash from numerous Bitcoin supporters who saw it as another attack on the network.
Reports made earlier indicated that Ripple had opposed a proposed policy that would require just Bitcoin in U.S. reserves. He made it clear that Bitcoin’s victory does not impact XRP’s results, and likewise, XRP’s success will not impact Bitcoin. With new policies affecting crypto, Garlinghouse wants to steer the industry’s attention towards partnership.
Ripple CEO Brad Garlinghouse has called for an end to the ongoing conflict between the Bitcoin and XRP communities. His comments come amidst fresh clashes that have reignited enduring divisions in the crypto space. Garlinghouse made the statement while addressing attendees at the XRP Las Vegas event. According to a post shared by Garlinghouse, he stated, “Rewording the whole banking system and we underestimate how big that change is,” highlighting the scale of transformation Ripple intends to deliver. The video of this remark was posted directly by the Ripple account, adding weight to its significance.
The latest dispute began after Senator Cynthia Lummis declined a meeting with Ripple’s Brad Garlinghouse– Lummis, who recently became chair of the Digital Assets Subcommittee, champions Bitcoin. Garlinghouse encouraged Powell to advocate for all cryptocurrencies, not solely for Bitcoin, after the snub. Online XRP fans promptly spoke out, criticizing Lummis and sharing a tweet from Will Cole in 2022 that called XRP a “central joke of a rip-off.” People from both communities became even more suspicious and distrustful of each other.
Ripple Faces Analysis Over Anti-Mining Symbol and Policy Influence. Tensions escalated further when Ripple donated the controversial “Skull of Satoshi” artwork to a Nashville-based Bitcoin museum. The piece, often viewed as a sign of criticism toward Bitcoin mining, drew backlash from many Bitcoin advocates who saw it as another attack on the network. Reports made earlier showed that Ripple had opposed a proposed policy that would require only Bitcoin in U.S. reserves. In spite of the differences, Garlinghouse insists that the sector cannot focus on competition. He made it clear that Bitcoin’s success does not affect XRP’s results, and likewise, XRP’s success won’t affect Bitcoin. With new policies impacting crypto, Garlinghouse wants to steer the market’s attention toward partnership. When striving to promote cryptocurrency and improve its system, the comments emphasize that unity is crucial.
The post Bitcoin vs XRP? Ripple CEO Says It’s Time to End the Crypto War appeared originally on 36Crypto.
