In a universe where digital currencies frolic like hyperactive puppies, Ripple‘s CEO, the illustrious Brad Garlinghouse, has taken a stand against the creation of a Bitcoin strategic reserve. Yes, you heard that right! The man has spoken, and it’s not just the coffee talking. ☕️
At the ripe age of 53, Garlinghouse has declared that a digital asset reserve should be as diverse as a buffet at an intergalactic conference. He believes it should be “representative of the industry,” which, in layman’s terms, means it shouldn’t be a one-token wonder. Because who wants to eat just one flavor of ice cream when you can have the whole sundae? 🍦
In a twist that would make a soap opera writer weep with envy, he suggested that if this reserve were to materialize, the Ripple-affiliated XRP cryptocurrency should waltz right in and join the party. After all, what’s a party without a little XRP? 🎉
Garlinghouse, in a moment of shocking transparency, revealed that he owns a veritable treasure chest of tokens, including Bitcoin and Ethereum. “I own XRP, BTC, and ETH among a handful of others – we live in a multichain world,” he proclaimed, as if he were announcing the latest fashion trend. “I’ve advocated for a level-playing field, instead of one token versus another,” he added, probably while wearing a t-shirt that says “Unity in Diversity.” 🕊️
Meanwhile, the Bitcoin enthusiasts have been embroiled in a dramatic clash with the XRP fan club, reminiscent of a reality TV show gone wrong. The feud reached a boiling point when Ripple was accused of secretly lobbying against a Bitcoin reserve, despite their previous attempts to play nice. It’s like watching two cats fight over a laser pointer! 🐱
Garlinghouse, in a moment of candor, confirmed Ripple’s lobbying efforts, declaring that maximalism is the “enemy” of crypto progress. Because, of course, nothing says progress like a good old-fashioned feud!
But the Bitcoiners, undeterred by Garlinghouse’s passionate denunciation of maximalism, have fired back. Pierre Rochard, VP of research at mining giant Riot Platforms, described Ripple as a “failed company” that is begging for a bailout. Ouch! That’s like being told your favorite band is actually a cover band. 🎸
Michael Goldstein, president of the Satoshi Nakamoto Institute, has accused Ripple of spending millions on “massive propaganda campaigns” to “destroy” Bitcoin. Because nothing says “I love you” like a good smear campaign! 💸
Meanwhile, in a plot twist that even the best sci-fi writers couldn’t predict, the odds of the US government creating a national Bitcoin reserve in 2025 stand at a staggering 55%. So, grab your popcorn, folks; this show is just getting started! 🍿
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2025-01-28 08:46