How long has XRP been trudging through the mud and fire of the crypto world? Over a decade now. If cryptocurrencies were people in a Gorky play, XRP would be the stubborn old worker who keeps clocking in even after the factory explodes. Dan Tapiero, a money man with enough scars to prove he’s touched crypto, recently declared to CoinDesk that XRP is the cockroach of digital coins—no matter how many shoes aim for it, it scuttles on. Should we admire it, or just invest in insecticide? That’s up to you. 🪳
Tapiero almost waxed poetic: “One very impressive thing about XRP is just how long it’s lasted, how many times it’s come under attack. It’s the Lindy effect—the longer it exists, the stronger it becomes.” Sounds less like a coin and more like your grumpy grandpa who survived four economic crises, two wars, and three marriages.
A History of Scrutiny and Survival
XRP’s journey? If only Dostoyevsky had written about tokens.
Ripple Labs, the force behind XRP, was tossed into the legal meat grinder by the SEC and then sprinkled with extra criticism by every crypto purist from Miami to Moscow. Delisted, dragged, declared doomed…but fade into obscurity? Ha! XRP saw the abyss, waved back, and set up a lemonade stand. 🍋
Despite the collective shade thrown by armies of Bitcoin and Ethereum maximalists (and maybe jealous middle managers), XRP’s tribe didn’t pack up. They dug their heels in and said, “No, you move.” The token rolls on—just stubborn enough to be inspiring, just controversial enough to start a bar fight.
ETFs and the American Edge
Now, with rumors swirling about ProShares launching XRP ETFs, the ghosts of Wall Street pricked up their ears. Predictably, the crypto world responded with the usual civil discourse—by which I mean heated, caps-lock arguments on Twitter. 🤦♂️ Yet here’s Tapiero, shaking his head and muttering, “It’s made in America. And with this administration, that matters.” Apparently, even blockchains eat apple pie now.
A Personal Connection
For Tapiero, it’s not just business; it’s an awkward reunion with an ex. He dabbled in XRP back in the day—before it was cool, before it was legal drama bait—with a fraction-of-a-cent price tag that makes today’s buyers weep bitter, digital tears. His company, Gold Bullion International, let folks swap gold for XRP, like some fever-dream pawn shop for precious metals and internet tokens.
Now, XRP does its daily rollercoaster around $2.00 or so, and Tapiero looks back like half the crypto world: “Did I understand what I held? Not really. Did I hold it long enough? Of course not.” It’s the song of all who wander this strange wilderness: you didn’t buy at the bottom, but who cares? If belief is stronger than your fear of missing out, just keep marching. Or in XRP’s case, keep crawling toward whatever miracle (or regulatory anvil) comes next. 💼🪳
Read More
2025-05-01 07:24