Renowned Canadian Bitcoin developer Peter Todd recently sparked discussions on social media after referencing the contentious XRP token. This led to speculation and amusement within the cryptocurrency community.
Canadian Bitcoin developer Peter Todd sparked amusement and discussion on social media after mentioning the XRP token in passing, despite their community’s long-standing rivalry with Bitcoin.
After rising to fame last year as a potential Satoshi Nakもと candidate in an HBO feature, Todd’s surprising mention of XRP left many scratching their heads. Some even joked that his account had been compromised or that even Satoshi himself had moved on to different ventures.
However, Todd quickly put the curiosity to rest by revealing that his XRP mention was part of a dare at a Bitcoin mining conference.
The rivalry between Bitcoin proponents and the XRP community has been reignited by Ripple’s lobbying efforts. Ripple CEO Brad Garlinghouse has pushed for a diversified digital currency reserve, including XRP, while Bitcoin maximalists strongly oppose this initiative.
They argue that XRP is a corporate-controlled digital asset rather than a decentralized cryptocurrency, highlighting Ripple’s massive XRP ownership stake.
Despite remaining largely uninvolved in the latest disputes, Todd’s past views on XRP have been far from supportive. In 2019, he questioned the need for XRP, asserting that its primary purpose was to generate revenue for Ripple.
Later, he commented on data scientist Geoff Golberg’s findings, which suggested an extensive network of bots promoting XRP. At the time, Todd suggested that the issue could escalate into a significant legal matter.
While Todd’s recent XRP-related comment may have been made in jest, it highlighted the deep divide between Bitcoin purists and supporters of alternative cryptocurrencies. As debates over decentralization and financial influence continue, the clash between these two factions is set to persist.
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