Ripple CEO Takes Aim at Saylor as Utility Beats Financial Engineering in Crypto Battle

1 month ago 6

Rommie Analytics

Key Takeaways:

Long term crypto value is about utility not about financial engineering, said Ripple CEO Brad Garlinghouse.
He debunked the Bitcoin-asset-buying play by Michael Saylor that has helped fuel recent volatility in the market.
The comments point to the escalating trend of a split between utility blockchain and leveraged Bitcoin treasury models.

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