Ripple CEO Brad Garlinghouse has taken to social media to react to the quickly escalating feud between Bitcoiners and XRP followers.
Gradual weekend, something thrilling occur?
— Brad Garlinghouse (@bgarlinghouse) January 26, 2025
After the cryptocurrency business tried to feign unity following key wins final yr, an out-of-control struggle erupted between the 2 main communities.
The feud began after Pierre Rochard of Riot Platforms accused Ripple of lobbying towards the creation of a much-hyped Bitcoin reserve.
Garlinghouse seemingly confirmed that the corporate was pushing for a multi-token alternate, which is one thing that was assured to make Bitcoin maximalists completely furious.
Strike founder Jack Mallers argued that Ripple was making an attempt to undermine “prosperity” and “freedom” within the U.S. with its lobbying efforts.
Swan Bitcoin’s Brady Swenson has slammed XRP as a “centralized rip-off” that’s merely disguised as a digital asset.
Vocal Bitcoin evangelist Samson Mow says that Ripple continues to be not hated sufficient. “You continue to don’t hate them sufficient and there are nonetheless far more the explanation why you must hate them,” he mentioned.
“Ripple is an American firm the identical method that Enron was an American firm. Taxpayers don’t wish to assist your grift,” Alexander Leishman, CEO and CTO at River, commented on social media.
The 2 main communities don’t appear to be anyplace near burying the hatchet.
“You need the federal government to purchase XRP, and but Ripple is a mass vendor of XRP? With all due respect, stroll the stroll if you wish to have any credibility,” Rochard mentioned in response to Garlinghouse’s sarcastic put up.
He has additionally accused Ripple of shifting “billions of XRPs” to exchanges to arrange for the “rug dump” after the token surged in worth.