*"XRP = Crypto's COVID" - Cardone Drops Bombshell
Was monitoring crypto drama when this explosive take surfaced...
Gary Cardone calls XRP "financial COVID 2.0"
Claims XRP will "do anything to survive," even partner with "oppressive forces."
XRP community firing back hard. This debate is getting spicy.
* What Cardone Said
The accusation:
-XRP = "financial COVID 2.0"
-Will partner with oppressive European officials
-Turning Europe into surveillance state
-"XRP will do anything to survive"
Context: Comes after claims "European surveillance coin" will run on XRP Ledger.
*XRP Strikes Back
Lawyer Bill Morgan's response:
-"How can permissionless token partner with anyone?"
-"Does the token have consciousness?"
-Calls claims overblown conspiracy
Classic crypto personality clash - technical reality vs political fears.
*Why Cardone Sold Everything
Backstory: Previously sold entire XRP position at $2.71
His reasoning:
-Supply/demand transparency lacking
-Complex tech hard to explain
-Excessive price expectations dangerous
-Focus on fewer confident assets
$8K sale shocked loyal XRP community.
*Market Impact
For XRP:
-Political FUD vs technical fundamentals
-Community unity tested
-Regulatory uncertainty continues
Reality: Personality-driven narratives affecting prices.
*My Take
On Cardone: Mix of valid centralization concerns + conspiracy theory elements
On XRP response: Technically accurate but missing legitimate concerns
Truth probably somewhere in middle.
*Bottom Line
Technical asset vs political weapon debate
Cardone sees oppression tool. Community sees permissionless network.
Market reality: Controversy creates volatility. This isn't ending soon.
XRP caught between innovation and political fears.