Bitcoin maximalists have been criticizing XRP recently, with some prominent advocates labeling it a scam and a psychological operation. Ripple CTO David Schwartz suggests that the intensity of these attacks is due to Ripple advocating for a level playing field where the government does not favor Bitcoin over other cryptocurrencies. Ripple has been pushing for the U.S. government to adopt a national crypto reserve that includes various crypto assets, which has sparked concerns among Bitcoin maximalists about the concept of a U.S. strategic Bitcoin reserve. Ripple CEO Brad Garlinghouse argues that their advocacy aims to include Bitcoin, not exclude it. Amid the debate, some XRP supporters see the increased criticism as generating significant interest in XRP.
Content Editor ( thecryptobasic.com )
- 2025-01-27
Ripple CTO Explains Why Bitcoin Maxis Are Attacking XRP
