Ripple CEO Seeks Collaboration Over Maximalism

Ripple CEO Brad Garlinghouse is drawing the line in the ongoing and intensifying feud between Bitcoiners and XRP Army members, calling on the two sides to unite and not tear each other down.

Ripple CEO Brad Garlinghouse has called on Bitcoiners and XRP Army members to unite and not tear each other down in the ongoing feud between the two sides.

His latest call came as prominent Bitcoiners like Pierre Rochard, the VP of research at Riot Platforms and others accused Ripple, the largest holder of the XRP token, of lobbying hard against a strategic BTC reserve.

Garlinghouse had earlier said he would prefer a basket of cryptocurrencies if the U.S. government decides to establish a strategic reserve around digital assets.

This time, he specifically commented on "maximalism," a term used in the crypto space to describe an individual or community's extreme beliefs or positions on a certain crypto asset.

Some thoughts on maximalism… let me say this as clearly as I can – the crypto industry has a real shot, here and now, to achieve the many goals we have in common, IF we work together instead of tearing each other down. This is not, and never will be, a zero-sum game.

I own…

He revealed that he holds XRP, Bitcoin, Ethereum, and a "handful" of other crypto coins, and he reiterated that he believes the crypto industry, as a whole, can achieve many common goals "if we work together instead of tearing each other down."

A Digital Asset Reserve with a Level-Playing Field for All?

Garlinghouse then cut straight to the point: "if a government digital asset reserve is created – I believe it should be representative of the industry – not just one token (whether it be BTC, XRP, or anything else)," he reiterated.

But his latest comments didn't sit well with Bitcoiners who believe only BTC is the way.

For Rochard, national strategic reserves "shouldn't be a DEI hodgepodge of random crypto ticker symbols shilled by industry lobbyists."

Reserves and stockpiles should be strategic based on the needs of the nation aligning with specific properties of assets.

They shouldn’t be a DEI hodgepodge of random crypto ticker symbols shilled by industry lobbyists.

The Bitcoin Therapist, a prominent influencer in the BTC community, argued there is a huge difference between Bitcoin and XRP since Ripple supposedly prints the token while BTC can't be reproduced.

The difference is you can print XRP, you can’t print Bitcoin. If XRP is included in the strategic reserve I’m moving to El Salvador.

The XRP Army, the community of XRP holders who have stuck with the altcoin despite years of little growth due to Ripple's legal battles with the U.S. Securities and Exchange Commission (SEC), took to the comments to support Garlinghouse's call.

Prominent financial analyst Jacob King said "maximalist thinking will be the downfall of crypto," and communities within the space should instead lift each other up.

Great tweet, Brad! I completely agree with this.

Maximalist thinking will be the downfall of crypto. The industry should be working to lift each-other up! The hatred (due to jealousy) is toxic and will have widespread negative impacts. Keep up the great work!

XRPcryptowolf, an established figure in the space, said the XRP community seeks everyone's win instead of just one or a few coins.

The XRP community wants everybody to win together ?

Bitcoiners Riled by Trump EO?

The word war between Bitcoiners and XRP holders has been going on since late last week, after President Donald Trump signed a crypto-centric executive order that instructed a crypto working group to study the potential of "a national digital asset stockpile."

The EO did not specify BTC or any other digital coin, but it did say that the stash may be derived "from cryptocurrencies" seized lawfully by the U.S. government. So far, the U.S. is known to have seized Bitcoin.

Some Trump allies, such as Sen. Cynthia Lummis, R-Wyo., have been pushing for a Bitcoin reserve since last year. Based on Trump's recent actions, such as the launch of his own official memecoin, TRUMP, and the broad language in the president's EO regarding a U.S. strategic reserve, it can be safe to say he isn't all-in yet regarding a BTC-centric treasury like El Salvador's.

It remains to be seen whether the bitter social media battle between Bitcoiners and XRP holders will come to an end soon, but until the president's working group determines which assets are suitable for a national strategic reserve, the war of words may linger.