Ripple CTO Explains Bitcoin Maximalists’ Opposition to XRP and Fair Competition

A feud is brewing between Bitcoin maximalists and XRP supporters, with Ripple’s CTO attributing the hostility to Bitcoin advocates’ fear of fair competition among cryptocurrencies. Prominent Bitcoin figures have labeled XRP a scam, claiming it deceives investors, while Ripple pushes for a national cryptocurrency reserve that includes various digital assets, not just Bitcoin. This stance has drawn criticism from Bitcoin purists who see XRP as a threat to their vision of a Bitcoin-centric future.

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Satirical Guide to Getting Rich with Ripple’s XRP Cryptocurrency

Ripple’s XRP has gained attention as one of the top-performing cryptocurrencies, especially following recent political events. Finance expert Rajat Soni humorously outlined nine steps to “get rich” with XRP, critiquing its centralization and marketing tactics, while sparking mixed reactions from the crypto community. Critics argue that XRP’s centralized control makes it vulnerable to manipulation, with Soni labeling it a “scam.”

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