You Won’t Believe What Ripple Exec Just Said About XRP! 😂

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You Won’t Believe What Ripple Exec Just Said About XRP! 😂

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Reece Merrick, the distinguished fellow managing the Middle East and Africa at Ripple, decided it was high time to address a rumor that’s been circling like a vulture over the carcass of common sense. With the subtlety of a bull in a china shop, he took to the X social media platform to clarify the muddled waters surrounding XRP. You’d think the difference between Ripple and XRP was as obvious as the difference between a sausage and a hammock, but evidently, no.

Apparently, some media outlets, as sharp as a butter knife, believe the two are interchangeable—like trying to confuse a cat with a potato. And oh, the exchanges! They’ve struggled to tell them apart, often misnaming the token with all the finesse of a drunken sailor. Remember 2019? Kraken got a bit of a slap on the wrist by the XRP fans for calling XRP “Ripple,” as if that clarified anything. Ripple’s CTO, David Schwartz, chimed in with a tweet: “It’s irresponsible when exchanges misrepresent digital assets in this way.” Well, ain’t that a revelation? 🤦‍♂️

XRP's 13th Birthday Cake

As reported by the illustrious U.Today, XRP recently celebrated what one might call its teenager phase—turning a lucky 13. The token’s origins are traced back to some lines of code penned with the affection of a bored coder by Ripple’s co-founder Arthur Britto. Meanwhile, the SEC joined the party by claiming that these 100 billion XRP tokens were ‘minted at little cost’—because money just grows on digital trees, apparently. Seems like a bargain, doesn’t it? 🎉

Now, critics like Preston Byrne have suggested that Ripple and XRP are as inseparable as a fisherman and his net—except the net is owned by Ripple Labs, and the software was about as open as Fort Knox in its early days. Byrne claims the whole thing’s just a legal game of musical chairs—trying to convince us that Ripple is not the same as XRP, much like trying to say a cucumber is not a pickle.

But Schwartz, ever the optimist, insists that the same folks behind XRP also built Ripple and that XRP existed before Ripple even dreamed of appearing in the corporate world. He even suggests that distributing XRP was the real raison d’être when the company was founded. Like it or not, the origins are less clear than a foggy morning in Siberia.

XRP Compared to Oil and Diamonds

And in true corporate fashion, Ripple has compared XRP to oil and diamonds—because what could be more reassuring than being likened to black gold or sparkling gemstones? Their filings suggest XRP could be as vital as ExxonMobil or De Beers—surely comforting words for the skeptics and dreamers alike. It’s all a game, folks. Or is it?

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2025-06-05 17:29