Ripple CEO Talks XRP’s Role, but Cardone Calls Bitcoin Godzilla and XRP a Lap Dog
Ripple CEO Brad Garlinghouse added Twitter space focusing on XRP, which recently caused a lot of sensation. During the meeting, he discussed a series of themes, including the potential role of XRP in the future of the US economy. Garlinghouse revealed that he discussed with Donald Trump the idea of XRP as part of the US strategic reserve. He also emphasized that he needed a diversified reserve and rejected his statement that he tried to destroy Bitcoin.
He explained: “The opportunity is so big, there will be many winners.” A basket of cryptocurrencies implied, not just one. This view is not good at getting along with Bitcoin’s maximizationist, and they believe that Bitcoin should dominate.
In the ongoing XRP and Bitcoin debate, entrepreneur Grant Cardone paid attention, saying that comparing Bitcoin with XRP is like comparing Godzilla with Lap dogs. He believes that XRP is a “binary bet” and needs to be included in the federal, while Bitcoin is “asymmetric long -term investment” and does not need to become part of the Fed.
To respond to these views, Bill Morgan, a PRO-XRP lawyer, pointed out the contradiction of this argument. He wrote on X (used to Twitter): “Let me understand correctly. XRP still needs to be included in a country’s crypto assets, even if it had been a major cryptocurrency more than ten years ago without inventory. It is necessary to include Bitcoin, but its supporters collapse only under the proposal, which is not the only cryptocurrency that contains. “