Oh, dear reader, prepare yourself for yet another chapter in the never-ending saga of Ripple and its embattled digital darling, XRP. The venerable Caitlin Long, known both for her sharp wit and her Bitcoin acumen, has taken to the stage with all the subtlety of a cannon blast aimed squarely at Ripple’s foundations. As if this company needed further complications! 😩
Caitlin Long Questions Ripple’s Design and Trustworthiness-or Does She?
Mrs. Long did not mince words when she declared that Ripple’s woes extend far beyond the vexations of an SEC lawsuit. Nay, she posits that the very architecture of the network-a centralized design paired with what she terms a “flawed” token model-is the root of much mischief. It seems that even the most ardent defenders of XRP must concede that its early days were somewhat… unorthodox. A full pre-mine? Early fundraising efforts? One can almost hear the collective gasp of institutional investors clutching their monocles. 😱
Just when you think the XRP Army is done fighting…. @bgarlinghouse @ripple @s_alderoty
– Digital Asset Investor (@digitalassetbuy) August 5, 2025
And yet, Mrs. Long was not content merely to critique Ripple; no, indeed, she ventured boldly into the realm of prophecy. When queried on which blockchain might win favor with the U.S. Treasury for tokenizing assets such as Treasuries, she dismissed Ripple outright. Ethereum or Bitcoin, she proclaimed, would surely take the crown. Poor Ripple, left languishing like a wallflower at Almack’s! 🎩💃
Experts and XRP Supporters Respond-with Vehemence!
But lo! If one thought Mrs. Long’s remarks would pass without challenge, one would be gravely mistaken. Her critics emerged forthwith, armed with facts and figures sharper than Lady Catherine de Bourgh’s tongue. One gentleman took particular umbrage at her suggestion that Ripple had conducted an Initial Coin Offering (ICO). “Preposterous!” he cried-or something to that effect. Forsooth, all 100 billion XRP tokens existed from the genesis block, bereft of price until market forces deemed otherwise. How dreadfully inconvenient for Mrs. Long’s narrative! 😏
She has no clue what she is talking about, but she talks with such confidence about it.
1) Ripple never did an ICO. XRP was worth nothing when the XRP Ledger started and all 100B put into the genesis account.
2) The XRP Ledger is decentralized. Either it’s ignorance or lack of…
– Vet (@Vet_X0) August 6, 2025
Furthermore, these defenders pointed out-with admirable patience-that the XRP Ledger is, in fact, open and decentralized. Why, anyone may run a node or validate transactions, nay, even fork the entire network should they so desire! With over 1,000 nodes and more than 100 validators operated by independent entities, it appears there is little room for accusations of centralization. Truly, one wonders whether Mrs. Long mistook her ledgers. 📒🤔
In conclusion, while Ripple continues to endure slings and arrows from detractors aplenty, one cannot help but marvel at the resilience of its supporters. Perhaps, dear reader, we shall see this drama unfold further-with witticisms, wagers, and who knows, perhaps even a happy ending? Or will Ripple remain forever entangled in controversy, like Mr. Wickham at a ball? Only time will tell. ⏳🎭
Read More
- 4 XRP Developments You Won’t Believe Happened This Week!
- How Powell Turned Bitcoin into a Rollercoaster (And made $300M Disappear Fast) 🤯💸
- BIO Token: A Most Curious Ascent! 🚀
- ETH PREDICTION. ETH cryptocurrency
- STETH PREDICTION. STETH cryptocurrency
- EUR TRY PREDICTION
- USD CNY PREDICTION
- USD CAD PREDICTION
- EUR THB PREDICTION
- GBP MYR PREDICTION
2025-08-07 10:14