华盛顿的数字资产库存大战揭示了加密货币过渡到主流金融的根本张力

在美国的数字资产储备上进行的战斗揭示了加密货币向主流金融的过渡中的根本张力。

The US regime change has brought in a lot of crypto winners. But one stands out - Ripple. The XRP issuer has been having a fairy tale run lately.

美国政权的改变带来了许多加密货币冠军。但是一个人脱颖而出 - 波纹。 XRP发行人最近一直在童话演出。

After a successful launch of RLUSD and a 485% price surge in the last year (about 50% of this rise happened this month alone), there are now growing whispers about XRP’s potential inclusion in America's strategic crypto reserve.

在过去的一年成功推出了RLUSD和485％的价格上涨（仅本月就发生了50％）之后，关于XRP潜在包含在美国战略加密保护区的潜在包含的窃窃私语。

And this last one has gotten crypto Twitter talking.

最后一个已经引起了加密推特的谈话。

In today’s Token Dispatch we look at:

在当今的代币调度中，我们查看：

Washington debate on which digital assets should be included in the stockpile

华盛顿关于库存中应包括哪些数字资产的辩论

CEO Brad Garlinghouse’s close proximity to Trump administration

首席执行官布拉德·加林豪斯（Brad Garlinghouse）靠近特朗普政府

What’s irking Bitcoin maximalists

什么是愤怒的比特币最大主义者

Massive XRP sell-offs by the insiders at Ripple

内部人员在Ripple的大规模XRP抛售

Less than 24 hours ago, Ripple Labs chief legal officer Stuart Alderoty said in an X Spaces discussion that he was hopeful that the potential next head of the US Securities and Commissions Exchange (SEC) will dismiss civil suits against crypto firm.

不到24小时前，Ripple Labs首席法律官Stuart Alderoty在X Space讨论中说，他希望美国证券和委员会交易所的下一任负责人（SEC）将驳回针对加密货币公司的民事诉讼。

Amid this victory lap, Ripple is eyeing a bigger gameplay.

在胜利圈中，Ripple着眼于更大的游戏玩法。

While Washington is busy debating which digital assets should be included in the government's stockpile, Ripple is looking to grab a share of the pie.

当华盛顿忙于辩论哪些数字资产应包括在政府的库存中，但Ripple希望获得一份派。

This has got some of the Bitcoin maximalists charged up at the XRP advocates.

这使XRP倡导者的一些比特币最大化主义者收到了收费。

Some for rightly concerning reasons, while some not so logically based.

有些是出于正确的原因，而有些则不是基于逻辑的。

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是否希望完全访问我们的每周高级功能（Hashedin，虫洞，兔子洞和Mempool），以及仅订户？获取令牌调度专业人士，并要求我们2025年新年特别有限时间优惠 - 我们的年度订阅折扣38％。

What’s Cooking?

什么是烹饪？

It all started with XRP’s rise coinciding with Ripple’s CEO Brad Garlinghouse's growing proximity with Donald Trump.

这一切始于XRP的Rise，与Ripple首席执行官Brad Garlinghouse与唐纳德·特朗普（Donald Trump）越来越接近的兴起。

The Bitcoin maximalists army didn’t like the game Garlinghouse was playing to get a seat for XRP in the government’s digital asset stockpile.

比特币最大主义者军队不喜欢Garlinghouse在政府数字资产库存中为XRP坐下的比赛。

They charged at Ripple - and in some cases at Garlinghouse, too.

他们在Ripple指控 - 在某些情况下，也在Garlinghouse。

Vice-president of Research at Bitcoin mining firm Riot Platforms accused Ripple of “aggressively lobbying” against the strategic Bitcoin reserve.

比特币矿业公司RIOT平台研究副总裁，指责Ripple对战略比特币保护区进行“积极游说”。

Even went on to spell-check Garlinghouse when he entered the conversation.

当他参加对话时，甚至继续参加了拼写检查。

While Rochard’s interest in Bitcoin is obvious, he is not wrong about throwing around “$ millions at politicians”.

尽管罗查德（Rochard）对比特币的兴趣显而易见，但他对“向政治家的$数百万美元投掷”并没有错。

Ripple, along with Coinbase and Andreessen Horowitz, led a $300 million super PAC campaign.

Ripple以及Coinbase和Andreessen Horowitz领导了一项耗资3亿美元的Super PAC竞选活动。

Then, the $5 million contribution to Trump's inauguration fund.

然后，为特朗普就职基金的500万美元捐款。

Others joined the party.

其他人加入了聚会。

"Ripple is actively spending millions of dollars trying to undermine a strategic Bitcoin reserve in the United States of America. This is not just an attack on Bitcoin, but on principles of transparency," Bitcoin maximalist Jack Mallers of Zap said in a video posted on X.

“ Ripple正在积极花费数百万美元，试图破坏美利坚合众国的战略性比特币储备。这不仅是对比特币的攻击，而且是透明度的攻击，”比特币的最大主义Zap Zap在一段视频中说，” X.

Few others showed concerns around insider movement and massive XRP token sell-offs by insiders.

很少有其他人对内部人士的内幕运动和XRP代币的大量抛售感到担忧。

Less than two weeks ago, Ripple co-founder Chris Larsen moved $60.5 million worth of XRP to unknown wallets, while another whale transferred over 31 million XRP to Coinbase.

不到两周前，Ripple的联合创始人Chris Larsen将价值6050万美元的XRP转移到了未知的钱包上，而另一条鲸鱼将超过3100万XRP转移到了Coinbase。

The timing is particularly notable - just days before Trump's inauguration and amid heated debates about which cryptocurrencies should be considered for the national digital asset stockpile.

时机特别值得注意 - 就在特朗普就职典礼和激烈辩论的几天前，关于国家数字资产库存应考虑哪些加密货币。

What do these transfers mean? Centralisation concerns.

这些转移是什么意思？集中化问题。

The large insider movements highlight Bitcoin advocates' core argument: While Bitcoin's creator remains anonymous and uninvolved, XRP's close ties to Ripple and its executives' significant holdings present potential risks for a national strategic reserve.

大型内幕运动突出了比特币倡导者的核心论点：虽然比特币的创建者仍然匿名且不参与，但XRP与Ripple及其高管及其高管的重要持有率紧密，这是国家战略储备的潜在风险。

The stark contrast between both …

两者之间的鲜明对比…

Bitcoin: No central authority, no insider selling

比特币：没有中央权威，没有内部销售

XRP: $60.5 million moved by co-founder amid key policy discussions

XRP：在关键政策讨论中联合创始人搬家的6050万美元

CFTC relationship: Kalshi got approval, Ripple settled

CFTC关系：Kalshi获得了批准，Ripple解决了

Corporate influence: Growing concerns about concentration

公司影响力：对集中注意力的越来越关注

TL;DR - Bitcoin advocates on Twitter allege one thing, Ripple lobbied Trump’s team to remove the word ‘Bitcoin’ from his crypto executive order.

TL; Dr-比特币在Twitter上提倡一件事，Ripple游说特朗普的团队从他的加密行政命令中删除了“比特币”一词。

Ripple’s Response

波纹的回应

CEO Garlinghouse wanted the ecosystem to “work together” instead of “tearing “each other down”. Called maximalism “the enemy of crypto progress”.

首席执行官Garlinghouse希望生态系统“一起工作”，而不是“彼此撕裂”。被称为最大主义的“加密进步的敌人”。

Allegations of political lobbying? Completely skirted the topic.

政治游说的指控？完全绕过话题。

The Bitcoin troop charged back at him.

比特币部队向他冲锋。

Riot Platforms’ Rochard said “reserves and stockpiles should be strategic (and) based on the needs of the nation aligning with specific properties of assets.”

Riot Platforms的Rochard说：“根据国家的需求与资产的特定财产保持一致，储备和库存应具有战略性（和）。”

Blockstream’s Samson Mow wasn’t buying any of Garlinghouse’s call for brotherhood.

Blockstream的Samson Mow并没有购买Garlinghouse的任何呼吁兄弟会。

“We have no goals in common because our goal isn’t to fleece retail investors with blockchain mysticism,” Mow replied to Garlinghouse’s post.

“我们没有共同的目标，因为我们的目标不是用区块链神秘主义欺骗散户投资者，” Mow回答Garlinghouse的帖子。

It’s understandable for Bitcoin maximalists having vested interests to bat for a 100% Bitcoin-only stockpile. But not all are against the idea of having a mix of cryptos.

对于比特币的最大值主义者来说，既有利益的比特币最高者都是可以理解的。但并非所有人都反对混合加密的想法。

Investor and Bitcoin maxi Fred Krueger is one of

投资者和比特币Maxi Fred Krueger是