Vitalik Buterin Comments Shitcoin For XRP

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Vitalik Buterin, one of the founders of Ethereum, a statement about XRP after learning that the SEC will file a lawsuit against Ripple. made. Speaking about the rivalry between the Bitcoin, Ethereum, XRP trio, Buterin commented on shitcoin for XRP.

The Securities and Exchange Commission (SEC) in the US concluded that Bitcoin and Ethereum (ETH) are not securities. This is why financial companies in the US can securely serve over Bitcoin (BTC) and Ethereum, and that’s why they can develop Bitcoin and Ethereum-based products.

Ripple CEO complains about this

Ripple CEO Brad Garlinghouse doesn’t think this is fair. SEC; He thinks XRP is a security unlike Bitcoin and Ethereum, and accuses Ripple of selling securities off the record. According to Garlinghouse’s statements, these accusations keep people from using XRP and prevent XRP from growing.

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Brad Garlinghouse said in a statement dated December 22 that the SEC discriminated between cryptocurrencies. Garlinghouse stated in his past statements that the United States could lag behind China because of this attitude. In his views, the fact that the SEC will sue Ripple also means that “war is waged against cryptocurrencies”.

Shitcoin comment received from Vitalik Buterin

Vitalik Buterin was also involved in the conflict between the Bitcoin, Ethereum, and XRP communities. Some XRP followers criticizing Bitcoin and Ethereum argued that both cryptocurrencies are “based in China” and therefore cannot be considered decentralized. According to these names, XRP; Unlike Bitcoin and Ethereum, it offers a truly “decentralized” experience.

Vitalik Buterin, the Ethereum founder, disagrees with these claims. In his statement on the subject, Buterin said, “The Ripple / XRP team has now reached a completely different level of strangeness” and commented on the XRP as “shitcoin”.

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