The competition between Ripple and ethereum has been longstanding given the capabilities of both networks. This was further exacerbated by the fact that the US Securities and Exchange Commission (SEC) decided to file a lawsuit against Ripple because XRP was supposedly a security, but the same was not done with ethereum‘s eth token. .
Since then, both communities have been at odds with each trying to prove that they are better than the other. As a result of this, a video from 2014 has been unearthed in which ethereum founder Vitalik Buterin appears to be praising Ripple.
‘Ripple is the Internet of value’
In the video that was aware According to X (formerly Twitter) user @NerdNationUnbox, Buterin seems very convinced of Ripple’s value proposition. The scenario suggested by a talk at an event featured a young Vitalik Buterin talking about what ethereum is really about.
The 14-second video appears to focus on the “Internet of Value,” which the ethereum founder explained people often think is about ethereum. However, as he explained, ethereum is not the Internet of value. Rather, the founder said that Ripple is actually the Internet of value.
The Internet of Value is actually a concept introduced by Ripple that sought to build an Internet that makes it easy for people to seamlessly transfer any asset of value between them. It consists of any asset that can be valuable, including information, internet currencies, stocks, etc., to be instantly transferred to someone.
Is ethereum Founder Really a Fan of XRP?
Steven Nerayoff, who has become widely known in crypto circles as the ‘ethereum Whistleblower’, is back once again and is betting on Vitalik Buterin. On October 13 mailNerayoff tagged Buterin, who he describes with #CryptoJudas, saying he actually wanted to be XRP.
Nerayoff attached a screenshot of a since-deleted tweet from the founder of ethereum that talked about XRP as sound money. “But he is so timid that he deleted the tweet of him found in this article stating that XRP is ‘better solid money than bitcoin,’” Nerayoff wrote.
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Source: X
However, as other X users have pointed out, Buterin appeared to be mocking XRP in the tweet. In response to another user who presented bitcoin as sound money, Buterin said: “The chart for that this has been an established way of joking about something on the Internet.
However, the post is still very open to interpretation and there have been responses from both sides. A member of the Ripple community fixed:
This is the same guy who a few months earlier was happy when XRP was attacked by the SEC, he was also angry because Chris Larsen had suggested that the Chinese had too much influence on btc and eth. XRP really struck a chord not because we were wrong, but because we could see through their fraudulent games.
<img decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/J5TipT95/" alt="Ripple XRP price chart from Tradingview.com (ethereum founder Vitalik Buterin” width=”2804″ height=”1746″/>
XRP mounts impressive recovery | Source: XRPUSD on Tradingview.com
Featured image from The Cryptocurrency Post, chart from Tradingview.com
