- Bitcoin maximalists have continuously criticized XRP’s limited decentralization.
- Most XRP supporters believe Bitcoin maximalists are fuelling FUD against the cryptocurrency.
- China’s influence on Bitcoin is a concern for XRP supporters.
The Bitcoin-XRP conflict remains one of the longest-running feuds between rival crypto communities, a battle that has continued for several years. To date, many XRP supporters believe that Bitcoin maximalists are constantly fueling a “FUD campaign” against XRP to prevent it from achieving its full potential.
Bitcoin and XRP’s battle for supremacy continues
The debate between Bitcoin and XRP supporters has always revolved around the battle for mainstream adoption. Years ago, as crypto awareness exploded, other projects like XRP emerged to challenge Bitcoin’s dominance, with XRP specifically presenting itself as an ideal token for bank transactions, one of Bitcoin’s own anticipated use cases.
Related: How Much Could 1,000 XRP Be Worth by 2026? Altcoin Daily Weighs In
In response, Bitcoin maxis have long argued that XRP is not decentralized enough for this role. One outspoken Bitcoin maximalist and XRP critic on X said last January that banks would never use XRP because of its limited decentralization. The critic argued that using XRP would expose banks to being taken advantage of, something they would never allow. He noted that banks would rather take advantage of the people and solutions.
Which among Bitcoin and XRP should the government hold in reserve?
The debate between Bitcoin and XRP supporters escalated last January, when the US government made public its plans to include both digital asset classes in the proposed cryptocurrency reserve. While Bitcoin supporters criticized XRP for lacking decentralization, the XRP supporters claimed China controlled Bitcoin, giving the American Bitcoin community, including the government, something to worry about.
Typically, the idea of Bitcoin maxis triggering FUDs about XRP resurfaces whenever the cryptocurrency experiences a significant pullback.
Related: Wellgistics Health Files to Use XRP for Treasury, Cites XRPL Efficiency
It happened recently after the cryptocurrency retraced nearly 20% after an impressive rally. XRP’s price dropped below $3 before making a rebound to the upside. TradingView data shows the digital asset traded for $3.27 at the time of writing, reflecting the return of bullish momentum.
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