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Cryptocurrency News Articles

XRP vs. Bitcoin Maxis: Breakdown of the Debate

Jan 30, 2025 at 05:32 pm

The XRP and Bitcoin communities have been at loggerheads in recent weeks, and the feud shows no signs of subsiding anytime soon.

XRP vs. Bitcoin Maxis: Breakdown of the Debate

The XRP and Bitcoin communities have been feuding over which crypto assets should be included in the proposed U.S. strategic crypto reserve.

Forbes legal analyst Hailey Lennon has been advocating for a Bitcoin-only reserve, sparking a backlash from the XRP Army.

Lennon's commentary, which didn't directly mention XRP or Ripple, drew ire from the XRP community, who felt she was targeting the token.

She later addressed her skepticism about XRP's inclusion in the strategic reserve, highlighting the high stakes involved.

The post triggered a wave of negative commentary from the XRP Army, prompting Lennon to sarcastically summarize the reactions she had received.

She brushed off claims that all Bitcoiners were ignorant and jealous of XRP, and mocked the suggestion that Ripple was an exemplary U.S. company while Bitcoin had ties to China.

Lennon also countered views that Ripple had never attacked Bitcoin and that the community was being mean, by citing alleged lobbying efforts Ripple had pushed against Bitcoin.

However, Ripple has clarified that it actually advocated for Bitcoin, not against it.

Meanwhile, the XRP Army criticized Bitcoiners for not knowing the identity of Satoshi, calling anonymity a scary and potentially dangerous concept.

Lennon sarcastically responded, suggesting that the XRP Army preferred trusting a “well-known company” and CEO who controlled about 50% of the token supply and could potentially manipulate the market at will.

Ripple ex-director Matt Hamilton expressed frustration with how prominent figures in the Bitcoin community were using their influence to sow discord and disinformation instead of focusing on growing the entire crypto industry.

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Other articles published on Jan 31, 2025