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Here’s What The Ripple CEO Had To Say About The Bitcoin Vs. XRP Debate

Scott Matherson
by Scott Matherson
3 months ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple CEO Brad Garlinghouse has stressed that members of the Bitcoin community are not enemies of XRP holders. His latest remarks come amid increased discussions, especially on social media, about the relationship between the two large blockchain ecosystems. Speaking at an event in Las Vegas, Garlinghouse argued that Bitcoin and XRP are not competing in a zero-sum game, but rather advancing a shared mission that could reshape the global banking system over the next decade.

Garlinghouse Says Bitcoin And XRP Can Both Win

Ripple CEO Brad Garlinghouse directly addressed the perceived rivalry between the two communities while speaking at a recent event in Las Vegas. “The Bitcoin community is not our enemy. They really are not. If they do well, we’re gonna do well, we might do better. It’s not a zero-sum game,” he told attendees.

His comments demonstrate Ripple’s leadership in positioning XRP not as a challenger to Bitcoin, but as a strong force driving forward a digital transformation. Rather than causing division, Garlinghouse’s comments advocate for mutual progress, arguing that growth in the Bitcoin ecosystem is not a threat to Ripple’s success.

Related Reading: Ripple Issues Stern Warning To Investors As CEO Celebrates New XRP Milestone

Although price comparisons have dominated much of the debate, Garlinghouse’s remarks draw attention to a bigger split in their vision. As the first cryptocurrency, Bitcoin was created to challenge the traditional global finance system.

On the other hand, Ripple’s XRP focuses on working within regulatory frameworks to improve cross-border payments among banks. Despite their differences, Garlinghouse suggested both are necessary players in a much larger transformation of the baking industry.

A Shared Role In Rebuilding Global Finance

Garlinghouse didn’t stop at defending XRP’s relationship with Bitcoin; he expanded his vision to the future of the banking system itself. “Rewriting the entire banking system and what this looks like in maybe 10 years or 20 years. We underestimate how big that change is and how profound it is, and we get there by being collaborative and working together and not against each other,” he added. 

Related Reading: Bitcoin Diamond Hands Are Buying Again, Here’s Why It’s Bullish For The Market

His comments serve as a call for unity as digital assets become increasingly integrated into the global financial system. As such, the message to XRP holders is clear. XRP’s Success doesn’t require discrediting or working against Bitcoin. Both assets can rise together if the focus is on adoption and the greater mission in global finance.

One such adoption is the recent official launch of both XRP and Micro XRP futures contracts on CME Group. Ripple CEO Brad Garlinghouse took to the social media platform X to mark this move, describing it as a key institutional milestone for XRP. Furthermore, investor optimism for a spot XRP ETF has increased significantly in recent weeks, with the odds of approval by the SEC now sitting at 83%.

Meanwhile, XRP is currently trading at $2.16 after rebounding from $2.10 on May 31. However, the cryptocurrency is currently down by 7.83% in a seven-day timeframe.

Ripple
BTC trading at $104,819 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Shutterstock, chart from Tradingview.com
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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