Ripple CTO Debunks XRP vs Bitcoin Supply Debate: Calls Out Misleading Comparisons
- Ripple CTO David Schwartz debunks misleading comparisons between XRP and Bitcoin.
- He argues that supply and unit price are not valid metrics for comparison.
- Schwartz believes evaluating based on “full coins” rather than market cap or utility distorts value perception.
A debate recently unfolded in the crypto community over the differences in how XRP and Bitcoin are promoted. An XRP supporter pointed out that Ripple executives—including CEO Brad Garlinghouse and CTO David Schwartz—have never actively encouraged people to buy XRP.
This was contrasted with MicroStrategy’s Michael Saylor, who consistently advocates for Bitcoin. The supporter implied that assets requiring direct promotion might have underlying weaknesses, sparking responses from the community.
Critic Argues XRP and Bitcoin Aren’t the Same
Crypto commentator CryptoApostle responded by highlighting the difference in supply between Bitcoin’s 21 million coins and XRP’s 100 billion. He suggested that Bitcoin’s scarcity makes it more necessary to “point people in the right direction,” implying that XRP does not face the same limitations.
However, Ripple’s David Schwartz…
The post Ripple CTO Debunks XRP vs Bitcoin Supply Debate: Calls Out Misleading Comparisons appeared first on Coin Edition.
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Ripple CTO Debunks XRP vs Bitcoin Supply Debate: Calls Out Misleading Comparisons
- Ripple CTO David Schwartz debunks misleading comparisons between XRP and Bitcoin.
- He argues that supply and unit price are not valid metrics for comparison.
- Schwartz believes evaluating based on “full coins” rather than market cap or utility distorts value perception.
A debate recently unfolded in the crypto community over the differences in how XRP and Bitcoin are promoted. An XRP supporter pointed out that Ripple executives—including CEO Brad Garlinghouse and CTO David Schwartz—have never actively encouraged people to buy XRP.
This was contrasted with MicroStrategy’s Michael Saylor, who consistently advocates for Bitcoin. The supporter implied that assets requiring direct promotion might have underlying weaknesses, sparking responses from the community.
Critic Argues XRP and Bitcoin Aren’t the Same
Crypto commentator CryptoApostle responded by highlighting the difference in supply between Bitcoin’s 21 million coins and XRP’s 100 billion. He suggested that Bitcoin’s scarcity makes it more necessary to “point people in the right direction,” implying that XRP does not face the same limitations.
However, Ripple’s David Schwartz…
The post Ripple CTO Debunks XRP vs Bitcoin Supply Debate: Calls Out Misleading Comparisons appeared first on Coin Edition.
Read More