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Cryptocurrency News Articles
XRP vs. Bitcoin: The Debate Over Direct Promotion Unfolds in the Crypto Community
Feb 23, 2025 at 08:27 pm
A debate recently unfolded in the crypto community over the differences in how XRP and Bitcoin are promoted. An XRP supporter pointed out that Ripple
A recent discussion within the crypto community centered on the contrasting promotional strategies for XRP and Bitcoin.
An XRP supporter highlighted that Ripple executives, including CEO Brad Garlinghouse and CTO David Schwartz, have refrained from actively encouraging people to buy XRP.
This approach was juxtaposed with MicroStrategy’s Michael Saylor, who frequently advocates for Bitcoin. The supporter suggested that assets requiring direct promotion may indicate underlying weaknesses, sparking responses from the community.
Crypto commentator CryptoApostle highlighted the disparity in supply between Bitcoin’s 21 million coins and XRP’s 100 billion. He proposed that Bitcoin’s scarcity necessitates "pointing people in the right direction," implying that XRP does not face the same limitations.
However, Ripple's David Schwartz contested this perspective, arguing that supply comparisons between XRP and Bitcoin are often misleading.
Related: Ripple CTO Challenges Bitcoin Supply Scarcity Claims in Heated Debate
Ripple CTO Refutes “Full Coin” Comparisons
Schwartz emphasized that measuring crypto assets in "full coins" without considering market cap or divisibility leads to misinformation. He compared it to measuring distances in inches versus miles, stating that such comparisons distort the true value and utility of each asset.
CryptoApostle maintained that people naturally compare whole coins rather than smaller units like satoshis or drops. He also pointed out that Ripple’s partnerships with banks indirectly market XRP, even if executives do not explicitly promote buying it.
Related: Ripple CTO Makes The Case For XRP Inclusion in Crypto Stockpile
Meanwhile, Schwartz asserted that supply and price-per-coin are frequently misused in investment decisions. He noted that some investors believe XRP is a better buy simply because it appears cheaper per unit compared to Bitcoin—a narrative he finds concerning.
"You can't compare the prices for ‘one coin’ for precisely the same reason you can't compare the supplies measured in ‘number of coins,'" Schwartz stated, reinforcing the importance of accurate comparisons.
Ultimately, the discussion highlights the issue of evaluating crypto assets based on supply or unit price rather than fundamental value. It stresses that market participants must look beyond surface-level comparisons to make informed decisions.
The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Disclaimer:info@kdj.com
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