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A Twitter thread By Ethereum’s Vitalik Buterin against Ripple and its native token has sparked a wide debate over the internet. After, the XRP holder’s lawyer, Ripple’s CTO also fired back at the ETH founder’s comment.
Ripple CTO says this debate should settle by govt or market
Buterin mentioned that Ripple once called them a “China controlled”. He added that at this moment they lost their right to protection. However, he highlighted that Ripple was trying to claim that XRP was not a security for some ‘public policy reasons.’
David Schwartz, Ripple CTO, replied that “The government should punish projects that disagree with our narrative” seems pretty on brand for ETH.
He asked Vitalik Buterin whether this debate shouldn’t be settled by the government or the market. However, Schwartz mentioned that the stated quotation wasn’t pulled from an attempt by Ripple to get the agency to regulate ETH, or was it?
Schwartz attacks ETH merge?
Ripple CTO even targeted Ethereum’s most awaited merge. He added that it’s completely fair to compare miners in PoW systems to stockholders in the firm.
