Specialists say no to XRP strategic reserve, are you right?

The Bitcoin community has seen the resurgence of old arguments against XRP now that Ripple, its creative company, is pushing a cryptocurrency narrative as an active active for a strategic reserve in the United States.

One of the specialists who argued against this narrative is Pierre Rochard, Vice President of Investigation of Bitcoin Riot Platform. He assured that Ripple is doing a «lobby Aggressive »Against a Bitcoin treasure at the national level, as Cryptonotics reported. He also said that Ripple is “investing in politicians” to derail the position of BTC as a central asset of the United States strategic reserves.

To base the point of view that there is an abysmal distance between Bitcoin and XRP, Pierre Rochard rescued from the past a comments from an X user, called “Nic Golden Age Carter”, of which no more information has been found, to which which He described as “the best analysis of Ripple/XRP” on the social network.

There is no possible comparison between XRP and Bitcoin. It is not “cheaper” than Bitcoin, it is not more energy efficient, because it is not even remotely in the same category. In the same way that an Excel document cannot be compared on my laptop with Bitcoin. It is just a category error compare the two.

Nic Golden Age Carter, User of Network X.

Once the tone of the comparison at general levels, The user deepened saying that XRP “is not a cryptocurrency and is not significantly decentralized.” He pointed out that this cryptocurrency “is literally a token in a block database (DB) maintained by a single entity and a little convincing ‘decentralization theater’.”

Another opinion of this user against XRP is that even the technology of sending Ripple remittances with the XRP cryptocurrency, perhaps the most popular service and that keeps the company afloat, there would be It was obsolete with the arrival of the stablecoins such as USDT or USDC.

His assumption and only case of use as “bridge for remittances” became completely redundant and invalid when people really adopted stable currencies for that case of use. Nobody wants to use a volatile, illegid and poorly marketed asset as a bridge currency. Nobody.

Nic Golden Age Carter, User of Network X.

The community has also seen how they reflore in social networks arguments of Saifedean Ammous, the author of the well -known book The Bitcoin pattern, which establish fundamental differences between BTC and the rest of cryptocurrencies, including XRP.

One of this author’s arguments is that Bitcoin, unlike any other, It represents a clear example of organic and spontaneous adoption.

Many people seem to think that the other cryptocurrencies that imitate Bitcoin could achieve it, but I have the firm conviction that none of the currencies that copy Bitcoin’s design can compete with it to be solid money (…), mainly because Bitcoin is the only currency Digital decentralized that has grown spontaneously as a perfectly balanced symmetry between miners, programmers and users, none of whom can control it. It was only possible to develop a currency based on this design, because once its viability was evident, any attempt to copy it has resulted in a hierarchical and centrally controlled network unable to escape the control of its creators.

Saifedean Ammous, author of El Patron Bitcoin.

A comparison between the degrees of decentralization of both networks allows us to understand the differences between XRP and Bitcoin, to assess whether critics such as Rochard, Saifedean or Nic Golden Age Carter are right to use a hypercritical tone.

Do the data give the reason to analysts?

According to this XRP explorer10 addresses in the Ledger Created by Ripple store 10.53% of the total currency supply. Compared, Bitcoin’s 10 most “rich” directions They concentrate 5.33% of their supply. This discrepancy is significant taking into account that the supply of Bitcoin (21 million) is much lower than that of XRP (100 billion). In a nutshell, Bitcoin is not only scarce, but is concentrated in more hands.

While the way in which currencies is distributed is important to determine the degree of centralization of a network, this variable is not the only one or necessarily the most important. The consensus mechanism used and the number of validators are more.

XRP works with a consensus mechanism that It does not give incentives to its validators and prefers deliver confidence to a select group of them, called “List of unique nodes” (UNL). According to XRP documentation, “it is confident ‘that the validators that appear in a UNL will not be conspired in an attempt to disappoint the server that evaluates the proposals.” Faced with these design principles, which seem inspired by the idea ROUSONIANA From the good savage, a question arises that I will leave, for now, without an answer: how to guarantee confidence if there are no incentives for merit?

At the time of writing, XRP’s accounting book has 192 active validators that participate in the selection and approval of transactions in the network. At the same time, the XRP network has 863 active nodeseach storing a copy of the Ledger.

According to a page that accounts for Bitcoin nodes, there are approximately 21,693 nodes of them at the time of writing. This implies that Bitcoin’s accounting record is 25 times more distributed in the world than XRP. The amount of copies of this record that exists much more difficult the adulteration of the data in the Bitcoin network than in XRP, especially since that network has incentives and supports a complete industry based on the production of Bitcoin, from which dozens live of thousands of people.

This data shows that, in effect, Bitcoin is a more distributed and sure system than XRP. Because? The greater the number of participants, miners, users and nodes without central control or authority in between, less manipulable is a network.

The Bitcoin consensus mechanism (Proof of Work) is also better designed than XRP. First because this does produce an incentive system that has demonstrated ingenious in the long term and has motivated millions of people to participate and work on their own individual initiative. This system also eliminates the need for confidence among the participants and rewards merit according to the workload contributed to the network. Bitcoin is, therefore, self -sustainableit has a design that induces to participate and reward participants to follow the rules and act in good faith.

The comparative data of both networks show that the aforementioned analysts are right to consider Bitcoin and XRP different assets classes. The evidence in favor of Bitcoin as a central asset for a strategic reserve seems so overwhelming that it produces perplexity to think about the implementation of an XRP -based reserve.

If the principles of design, the amount of validators, the incentives and the level of distribution of Bitcoin in the world were not sufficient variables to explain the superiority of BTC as active, We go to the most manido, popular, but important argument of all: the price.

As Cryptonotics reported, the price of XRP has had a good streak in dollars lately. But when compared against the price of BTC, XRP shows a very different face: that of a criptomoned bullshit against Bitcoin that crosses a small (and anecdotal) horny streak.

XRP cannot be considered anything other than a bitcoin price oscillator. Once every few years, the XRP price rises significantly against Bitcoin for 1 and 3 months. After that time, he returns to his regular behavior.

For example, XRP was seen practically anything against Bitcoin for 5 years. The opposite: his tendency He made him lose value from November 19, 2019 until October 1, 2024. Nor in the price, then, there is a point of comparison between both cryptoactives.