CoinGape 2025-03-15 16:56:52

Pro-Crypto Lawyer To XRP Community: “Be Kind to The BTC Guys”

Pro-crypto attorney Jeremy Hogan has spotlighted the subtle competition in the broader digital currency ecosystem, specifically featuring XRP and the Bitcoin (BTC) ecosystem. Addressing members of the XRP community, Hogan highlighted the fundamental difference between XRP and Bitcoin. Given the differences between the two assets, he asked XRP holders to “be kind to the BTC guys.” The Unique Bitcoin and XRP Ideology According to Jeremy Hogan on X , Satoshi Nakamoto founded Bitcoin on the libertarian idea of self-custody. The asset was also created to provide immunity to deflation and control, among other things. He mentioned these features to outline the need to keep an eye on the core focus behind Bitcoin amid a shift in big money control over the past few years. Since at least 2020, there has been a massive emergence of corporate investors in the Bitcoin ecosystem. Firms like Michael Saylor’s Strategy and asset managers like BlackRock and Fidelity now have big stakes in Bitcoin. In addition, the US government now has a strategic Bitcoin reserve , following an Executive Order signed by President Donald Trump. According to Jeremy Hogan, these adoptions are incompatible with BTC’s overall idea. This contrasts with XRP, which was designed for mainstream economic integration. BTC, XRP, and the Reserve Conflict Since President Donald’s campaign months, the conversation around a strategic national Bitcoin reserve has been on the forefront. The conflict occurred earlier this month when the President announced the national crypto reserve, including XRP, Cardano, and other altcoins. This shift sparked debate in the market, with Bitcoin Maxis kicking against the idea. This shift marked the renewed rivalry between the BTC and XRP ecosystems. Altcoin proponents argued that the idea of a crypto reserve for the country should be representative of its technological makeup. Eventually, only a Bitcoin reserve was created, with other altcoins pitched for potential inclusion in the Sovereign Wealth Fund. XRP ETF May Level the Playing Field Bitcoin generally has the first-mover advantage in the crypto ecosystem, even in pioneering the exchange-traded fund (ETF) market. However, based on the US Securities and Exchange Commission’s (SEC) pro-crypto shift, other assets like XRP may eventually get an associated ETF. Asset managers pushing for an XRP ETF product include CoinShares, Bitwise, Grayscale, and WisdomTree. BlackRock is also speculated to be eyeing the offering after the completion of the Ripple versus US SEC lawsuit. With confirmations of advanced negotiation for the Ripple Lawsuit settlement , the prospects of the XRP ETF appear to be high. If approved, the coin may also welcome increased adoption from institutional investors to bridge the Bitcoin liquidity gap further. The post Pro-Crypto Lawyer To XRP Community: “Be Kind to The BTC Guys” appeared first on CoinGape .

Наиболее читаемые новости

Bitcoin Whales Face Unrealized Losses as Shor...
2025-03-15
Analyzing Bitcoin’s price charts – Long-term...
2025-03-15
There is a New Development on the Fate of Tel...
2025-03-15
Analyst Sets $100 As “Realistic” Target For X...
2025-03-15
NFT Market Struggles as Crypto Prices Plummet
2025-03-15
Promises Made, Promises Kept
2025-03-15
Bitcoin Theft: UK NCA Officer Charged For Ste...
2025-03-15
Litecoin (LTC) Could Potentially Reclaim Key...
2025-03-15

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения