XRP与比特币：供应参数

当XRP爱好者提到Ripple高管（例如首席执行官Brad Garlinghouse和CTO David Schwartz）从来没有直接直接

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.

比特币爱好者和加密分析师Cryptoapostle最近与Ripple CTO CTO David Schwartz进行了讨论。谈话强调了有关如何评估加密货币的不同观点。

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.

加密拼写的互动开始了，这始于XRP爱好者指出，波纹高管从未直接指示人们购买加密货币。这一观察结果引发了Cryptoapostle的回应，他指出了像Microstrategy的Michael Saylor这样的比特币爱好者，积极促进BTC作为价值的出色存储。

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.

这位加密分析师重点介绍了比特币有限的2100万供应，而XRP的1000亿代币则是一个关键优势。据他说，这种简单的差异需要积极促进比特币，而XRP缺乏这样的限制。这种论点通常将比特币的稀缺性定位为其“数字黄金”状态的驱动力，而XRP越来越高的供应量往往被视为稀缺。

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）反驳了这一推理，认为仅根据供应或单位价格比较加密货币是有缺陷的。他解释说，通过“完整的硬币”评估资产，而不是考虑市值，可划分或整体效用会导致对其实际价值的看法。

“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说：“您无法将'One Coin'的价格进行比较，这与无法比较用'硬币数量'的耗材相同的原因。”他强调，将XRP分为较小的单位（称为滴滴），这与比特币的Satoshis相似的功能使单位供应无效地衡量了价值。

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.

加密帕托普尔（Cryptoapostle）坚持认为，散户投资者自然会用整个硬币而不是诸如satoshis或drops之类的微单元来思考。他还指出，尽管Ripple高管并未直接推广XRP，但该公司与银行和金融机构的合作伙伴关系是一种间接的营销形式。

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提出的主要问题之一是一些投资者倾向于将XRP视为“更好的买入”，仅仅是因为它的每个单元比比特币便宜。他解释说，这种谬论无视决定资产真实价值的总经济力量。

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币的总数 - 在测量加密货币的价值时使用的稳定指标，但是大多数新买家的每次硬币比较价格都席卷了，而没有考虑整体供应。 Schwartz长期以来一直在警告说，反对这种肤浅的比较，敦促买家要看较浅的数字。

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.

关于XRP价值的辩论是在加密货币出于多种原因保持焦点的时候。 Ripple与美国证券交易委员会（SEC）进行的正在进行的法律斗争增加了监管不确定性，影响了XRP的前景，从而影响了投资者的情绪。

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，人们对潜在的XRP交易所交易基金（ETF）的猜测已引起关注，尤其是当SEC重新评估其对基于加密货币的金融产品的立场时。如果XRP获得ETF的批准，它可能会进一步巩固其作为主流数字资产的作用，从而有可能改变人们缺乏比特币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.

根据Brave New Coin的XRPLX Liquid Index的数据，XRP最近的价格变动显示出了售罄的反弹，在最近24小时内损失了1.21％。分析师正在观察其轨迹，因为它在很大程度上取决于监管清晰度和SEC即将做出的决策。

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的最新评论加强了加密市场的更广泛的课程：数字资产之间的简单比较可能会产生误导。无论是评估XRP，比特币还是任何其他加密货币，投资者都必须考虑市值，划分性，用例和网络公用事业，而不仅仅是每枚硬币的供应数字或价格。

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.

随着加密行业的成熟，此类讨论突出了明智的决策的重要性。尽管比特币和波纹的XRP在金融生态系统中扮演着不同的角色，但应通过现实世界中的采用和市场基本面而不是基于任意单位的比较来衡量其基本价值。对于那些想知道现在要购买什么加密货币的投资者，比特币是更安全的赌注。它是一种价值的验证存储，它通过许多比特币ETF采用了机构。但是，XRP可能具有更大的上升潜力 - 如果获得XRP斑点ETF获得批准，或者特朗普做一些支持Ripple在美国制造的地位的事情。精明的投资者可以同时拥有两者。