Ripple’s CEO, Brad Garlinghouse, stirred the pot over the weekend by addressing the intensifying rift between Bitcoin advocates and XRP supporters on social media. In a playful yet pointed tweet, Garlinghouse remarked, “Slow weekend, anything exciting happen?” in response to the latest feud gripping the crypto world.
𝐓𝐡𝐞 𝐄𝐬𝐜𝐚𝐥𝐚𝐭𝐢𝐧𝐠 𝐓𝐞𝐧𝐬𝐢𝐨𝐧 🔥🔥🔥
What began as an industry-wide attempt at solidarity last year has devolved into a fiery clash between the two prominent communities. The conflict gained momentum when Pierre Rochard from Riot Platforms accused Ripple of lobbying against the establishment of a Bitcoin reserve fund. This allegation provoked outrage among Bitcoin proponents, as Garlinghouse appeared to confirm Ripple’s preference for a multi-token alternative—a stance guaranteed to irk Bitcoin maximalists.
Prominent figures weighed in on the controversy. Jack Mallers, founder of Strike, claimed Ripple’s lobbying efforts aimed to undermine “freedom” and “prosperity” within the U.S., while Brady Swenson of Swan Bitcoin dismissed XRP as a “centralized scam.” Vocal Bitcoin evangelist Samson Mow also joined the fray, arguing that Ripple deserved even more criticism.
𝐃𝐢𝐯𝐢𝐬𝐢𝐯𝐞 𝐑𝐞𝐚𝐜𝐭𝐢𝐨𝐧𝐬 🔥🔥🔥
The backlash continued, with River CEO Alexander Leishman likening Ripple to notorious corporate frauds, stating, “Ripple is an American company in the same way Enron was. Taxpayers shouldn’t support your schemes.” Meanwhile, Rochard accused Ripple of offloading massive quantities of XRP onto exchanges to prepare for what he called a “rug dump” following the token’s price surge.
𝐍𝐨 𝐒𝐢𝐠𝐧𝐬 𝐨𝐟 𝐑𝐞𝐜𝐨𝐧𝐜𝐢𝐥𝐢𝐚𝐭𝐢𝐨𝐧 🚨🚨🚨
The animosity between the two factions shows no signs of abating, as both sides remain deeply entrenched in their positions. Garlinghouse’s sarcastic remarks and the ongoing accusations only further highlight the growing divide within the cryptocurrency industry. Whether this feud will ever be resolved remains an open question, but for now, the crypto world is watching closely as the battle unfolds.