Peter Todd, a well-known Bitcoin developer and a potential candidate for Satoshi Nakamoto, attracted attention at a recent Bitcoin mining conference by mentioning the Ripple token (XRP). Some jokingly assumed he had been hacked, but Todd later explained that he was forced to talk about Ripple due to a joke made by one of the conference attendees. The Bitcoin community and the XRP army have been in conflict for years, and these tensions have recently intensified with Ripple’s lobbying against Bitcoin’s strategic reserve. Ripple’s CEO, Brad Garlinghouse, has supported a multi-token proposal that likely includes XRP. This has triggered strong reactions from the Bitcoin community, who view XRP as a corporate centralized token. According to Garlinghouse, Ripple holds over $100 billion worth of XRP tokens. Todd has also heavily criticized XRP in the past. In 2019, he stated that there was no need for this token and its only purpose was to generate profits for the Ripple company. In 2020, he referenced analyses by data scientist Jeff Golberg, indicating the existence of multiple bots promoting XRP, raising it as an interesting legal case.
Learn about the recent tensions between Bitcoin and Ripple as Peter Todd discusses XRP. Explore the ongoing conflict and controversies surrounding these cryptocurrencies.