Oy vey! The crypto world is meshuga again, all thanks to financial maven Gary Cardone. He’s got his knickers in a twist over XRP, folks! He’s screamin’ that XRP will do anything to survive – even cozying up with what he calls “the most oppressive people on planet Earth!” Can you believe the chutzpah? He’s lookin’ at you, European officials! Accusing them of turnin’ Europe into a surveillance state! A regular police-state-like continent! Feh! 🙄
Cardone, bless his heart, went full-on drama queen, comparin’ XRP to COVID-19 part two in finance! A regular bubonic plague for your wallet! He’s sayin’ it could become a tool for financial control and oppression! This whole kerfuffle started after some bubbe meise went viral, claimin’ that the so-called “European surveillance coin” would run on the XRP Ledger. Give me a break! 🤣
XRP will take any path they need to survive including coordinating with the most oppressive people on planet Earth, one of them pictured below, Ms Cringe, who will do whatever is needed to turn Europe into a Prison Continent, so there is martial law everywhere and they can scam…
— Gary Cardone (@GaryCardone) June 9, 2025
But hold your horses! Pro-XRP lawyer Bill Morgan, a real mensch, jumped in to tell Cardone to take a chill pill. Morgan’s askin’ how a native token on a public, permissionless blockchain like XRP can coordinate with oppressive regimes. “Did it gain sentience?” Morgan asks, dripping with sarcasm. “Is it suddenly HAL 9000??” The nerve of some people! 😜
So, Why Did Gary Cardone Dump His XRP Like a Hot Potato?
This ain’t Cardone’s first rodeo with XRP bashing. This 40-year financial industry veteran, may he live to 120, revealed he sold his entire XRP stash, worth a measly $8,000, when the price hit $2.71 per token. A regular Rockefeller he is! At the time, the XRP faithful were kvetching like you wouldn’t believe. Such drama! 🤪
Cardone listed six personal principles behind his big move, including worries about XRP’s supply and demand transparency, the difficulty in explaining its mechanics (try explainin’ quantum physics to your bubbe!), and the risks of gettin’ caught in hype-driven price speculation. He also went on about long-term thinking, focusing on a few reliable assets, and not followin’ the sheeps. So there! 🐑
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2025-06-10 15:16