XRP與比特幣：供應參數

當XRP愛好者提到Ripple高管（例如首席執行官Brad Garlinghouse和CTO David Schwartz）從來沒有直接直接

Bitcoin enthusiast and crypto analyst CryptoApostle recently engaged in a discussion about XRP scarcity with Ripple CTO David Schwartz. The conversation highlighted differing perspectives on how cryptocurrencies should be evaluated.

比特幣愛好者和加密分析師Cryptoapostle最近與Ripple CTO CTO David Schwartz進行了討論。談話強調了有關如何評估加密貨幣的不同觀點。

CryptoSlate covered the interaction, which began when an XRP enthusiast noted that Ripple executives never directly instruct people to buy the cryptocurrency. This observation sparked a response from CryptoApostle, who pointed to Bitcoin enthusiasts like MicroStrategy’s Michael Saylor actively promoting BTC as the superior store of value.

加密拼寫的互動開始了，這始於XRP愛好者指出，波紋高管從未直接指示人們購買加密貨幣。這一觀察結果引發了Cryptoapostle的回應，他指出了像Microstrategy的Michael Saylor這樣的比特幣愛好者，積極促進BTC作為價值的出色存儲。

The crypto analyst highlighted Bitcoin’s limited 21 million supply compared to XRP’s 100 billion tokens as a key advantage. According to him, this simple difference necessitates active promotion of Bitcoin, while XRP lacks such limits. This line of argument generally positions Bitcoin’s scarcity as a driver of its “digital gold” status, while XRP with the higher supply tends to be viewed as less scarce.

這位加密分析師重點介紹了比特幣有限的2100萬供應，而XRP的1000億代幣則是一個關鍵優勢。據他說，這種簡單的差異需要積極促進比特幣，而XRP缺乏這樣的限制。這種論點通常將比特幣的稀缺性定位為其“數字黃金”狀態的驅動力，而XRP越來越高的供應量往往被視為稀缺。

However, Schwartz countered this reasoning, arguing that comparing cryptocurrencies based on supply or unit price alone is flawed. He explained that evaluating assets by “full coins” rather than considering market capitalization, divisibility, or overall utility leads to a distorted view of their actual worth.

但是，施瓦茨（Schwartz）反駁了這一推理，認為僅根據供應或單位價格比較加密貨幣是有缺陷的。他解釋說，通過“完整的硬幣”評估資產，而不是考慮市值，可劃分或整體效用會導致對其實際價值的看法。

“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, likening such comparisons to measuring distances in inches versus miles. He emphasized that dividing XRP into smaller units—called drops—allows for similar functionality as Bitcoin’s satoshis, making unit supply an ineffective measure of value.

Schwartz說：“您無法將'One Coin'的價格進行比較，這與無法比較用'硬幣數量'的耗材相同的原因。”他強調，將XRP分為較小的單位（稱為滴滴），這與比特幣的Satoshis相似的功能使單位供應無效地衡量了價值。

CryptoApostle maintained that retail investors naturally think in terms of whole coins instead of micro-units like satoshis or drops. He also pointed out that while Ripple executives do not directly promote XRP, the company’s partnerships with banks and financial institutions serve as an indirect form of marketing.

加密帕托普爾（Cryptoapostle）堅持認為，散戶投資者自然會用整個硬幣而不是諸如satoshis或drops之類的微單元來思考。他還指出，儘管Ripple高管並未直接推廣XRP，但該公司與銀行和金融機構的合作夥伴關係是一種間接的營銷形式。

One of the primary issues that Schwartz raised is the tendency of some investors to view XRP as a “better buy” simply because it appears cheaper per unit than Bitcoin. This fallacy, he explained, disregards the total economic forces that determine an asset’s true value.

Schwartz提出的主要問題之一是一些投資者傾向於將XRP視為“更好的買入”，僅僅是因為它的每個單元比比特幣便宜。他解釋說，這種謬論無視決定資產真實價值的總經濟力量。

Market cap—the total combined amount of all coins in existence—is a steadier metric to use when gauging the worth of a cryptocurrency, yet most new buyers are swept up in price per coin comparisons with no consideration given to overall supply. Schwartz has long cautioned against such superficial comparisons, urging buyers to look at more than shallow figures.

市值是存在的所有硬幣的總數 - 在測量加密貨幣的價值時使用的穩定指標，但是大多數新買家的每次硬幣比較價格都席捲了，而沒有考慮整體供應。 Schwartz長期以來一直在警告說，反對這種膚淺的比較，敦促買家要看較淺的數字。

The debate over XRP’s value comes at a time when the cryptocurrency remains in the spotlight for multiple reasons. Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has added regulatory uncertainty to XRP’s outlook, affecting investor sentiment.

關於XRP價值的辯論是在加密貨幣出於多種原因保持焦點的時候。 Ripple與美國證券交易委員會（SEC）進行的正在進行的法律鬥爭增加了監管不確定性，影響了XRP的前景，從而影響了投資者的情緒。

Moreover, speculation about a potential XRP exchange-traded fund (ETF) has gained traction, especially as the SEC re-evaluates its stance on crypto-based financial products. If XRP secures ETF approval, it could further cement its role as a mainstream digital asset, potentially shifting the perception that it lacks the scarcity-driven appeal of Bitcoin.

此外，人們對潛在的XRP交易所交易基金（ETF）的猜測已引起關注，尤其是當SEC重新評估其對基於加密貨幣的金融產品的立場時。如果XRP獲得ETF的批准，它可能會進一步鞏固其作為主流數字資產的作用，從而有可能改變人們缺乏比特幣稀缺性吸引力的看法。

XRP’s recent price movements have shown a rebound from a sell-off, trading at around $2.55 with a 1.21% loss in the last 24 hours at press time, according to Brave New Coin’s XRPLX Liquid Index. Analysts are observing its trajectory as it largely depends on regulatory clarity and the SEC’s upcoming decisions.

根據Brave New Coin的XRPLX Liquid Index的數據，XRP最近的價格變動顯示出了售罄的反彈，在最近24小時內損失了1.21％。分析師正在觀察其軌跡，因為它在很大程度上取決於監管清晰度和SEC即將做出的決策。

Schwartz’s latest comments reinforce a broader lesson for the crypto market: simplistic comparisons between digital assets can be misleading. Whether assessing XRP, Bitcoin, or any other cryptocurrency, investors must consider market cap, divisibility, use cases, and network utility rather than just supply figures or price per coin.

Schwartz的最新評論加強了加密市場的更廣泛的課程：數字資產之間的簡單比較可能會產生誤導。無論是評估XRP，比特幣還是任何其他加密貨幣，投資者都必須考慮市值，劃分性，用例和網絡公用事業，而不僅僅是每枚硬幣的供應數字或價格。

As the crypto industry matures, discussions like these highlight the importance of informed decision-making. While Bitcoin and Ripple’s XRP serve different roles in the financial ecosystem, their fundamental value should be measured by real-world adoption and market fundamentals rather than arbitrary unit-based comparisons. For those investors wondering what crypto to buy now, Bitcoin is the safer bet. It is a proven store of value and it is being adopted by institutions via the many Bitcoin ETFs. However, XRP might have more dramatic upside potential – if XRP spot ETFs are approved, or if Trump does something to support Ripple’s made-in-America status. Savvy investors could hold both.

隨著加密行業的成熟，此類討論突出了明智的決策的重要性。儘管比特幣和波紋的XRP在金融生態系統中扮演著不同的角色，但應通過現實世界中的採用和市場基本面而不是基於任意單位的比較來衡量其基本價值。對於那些想知道現在要購買什麼加密貨幣的投資者，比特幣是更安全的賭注。它是一種價值的驗證存儲，它通過許多比特幣ETF採用了機構。但是，XRP可能具有更大的上升潛力 - 如果獲得XRP斑點ETF獲得批准，或者特朗普做一些支持Ripple在美國製造的地位的事情。精明的投資者可以同時擁有兩者。