Brad Garlinghouse, CEO of Ripple, has shared his views on the divisive issue of maximalism within the crypto industry. In a recent post on X (formerly Twitter), he urged the community to prioritize collaboration over competition, emphasizing that the crypto industry has the potential to achieve common goals if it works together. He rejected the idea of a “zero-sum game,” arguing that tearing each other down only hinders progress.
Multichain Advocacy and a Level Playing Field
Garlinghouse noted that maximalism is “the enemy of crypto progress” and the community of one crypto project bashing the other is not a zero-sum game and will never be. The Ripple executive’s statement implied a need for broader collaboration now that the pro-crypto administration of Donald Trump is in power.
In his post, he stated, “If a govt digital asset reserve is created – I believe it should be representative of the industry, not just one token (whether it be BTC, XRP, or anything else).” This reflects his stance that no single cryptocurrency should dominate such an initiative, and instead, the reserve should include a diverse mix of digital assets.
Related: Ripple Gains Regulatory Nod in NY and Texas for Payments
Maximalism: A Barrier to Crypto Progress
Garlinghouse criticized maximalism, describing it as an outdated and counterproductive mindset that undermines the industry’s growth. He expressed optimism about the declining influence of maximalism, noting that more people are adopting a broader and more inclusive approach.
He also pointed out that collaboration is especially crucial as the industry faces regulatory and institutional scrutiny. According to Garlinghouse, collective progress requires the community to set aside tribalism and focus on shared objectives.
Related: XRPL and Hooks Debate: David Schwartz Explains Ripple’s Stance
Garlinghouse’s statement follows speculation about his alleged lobbying to delay the creation of a U.S. Bitcoin Strategic Reserve to push for the inclusion of XRP. While these claims remain unverified, his broader message highlights the need for representation in any such initiative, emphasizing the industry’s multichain reality rather than favoring a single asset like Bitcoin.
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