Crypto News

“They crossed the line.”

Jacques Malars, founder and director of Bitcoin Financial Services Strike, recently discussed the increasing political batch of Bitcoin Strategic Reserve in the United States. He believes that this concept can become one of the most important economic advertisements in the history of the United States, which leads to comparisons of Nixon’s decision of 1971.

but, Mallers also expressed their concerns About Ripple’s role and participation in influencing politics. He said that Ripple, unlike Bitcoin advocates like Michael Silor, did not prove his belief in his own product. Mallers said that Ripple distributed 100 billion XRP symbols to itself, and sold it to the public rather than keeping it. His discussion with Natalie Brunell, criticized this approach, indicating that Ripple’s actions relate to the autonomous interest of companies more than the progress of the public good.

Mallers frame this behavior as a pattern in American economic history, where private companies operate under the guise of public service while giving priority to their own skin. He warned that the Ripple effect can undermine the broader capabilities of Bitcoin and its role as a general interest tool. Mallers believes that this is a crucial moment for technological innovation and the future of monetary policy, where the public can benefit from bitcoin, if the companies do not pressure the path away from them.

“Bitcoin is a general tool for us, and there is the pressure of companies that try to take it away and give their attention. This was my message, and I am happy because it got some attention. You know, rippling, in my opinion, via the line.”

Ripple CEO weighs

CEO Brad Garlinghyus recently shared his ideas about discussing XRP versus the ongoing Bitcoin. He believes that the encryption industry can achieve its goals if people work together instead of competition. He confirmed that it is not a zero game.

It is also believed that if a digital government reserve is created for assets, it should represent the entire industry, not only one symbol like BTC or XRP. Garinghouse has ended by saying that Maximalism hurts the progress of encryption and is pleased to see a fewer people adhering to this old way of thinking.

http://image.coinpedia.org/wp-content/uploads/2025/01/28193656/XRP-Shines-with-2.1M-Weekly-Inflows-Leaving-Bitcoin-and-Ethereum-in-the-Dust.webp

2025-02-02 10:30:00

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