
Ripple CEO Ruthlessly Trolled by VanEck's Head of Crypto Research
Ripple's latest attempt to forge unity within sphere has fallen flat[...]
Ripple CEO's Rebranding Attempt Meets Skepticism in Bitcoin Community
Ripple CEO Brad Garlinghouse's recent attempt to rebrand the infamous "Skull of Satoshi" statue as a symbol of Bitcoin's resilience has been met with a mix of mockery and skepticism within the cryptocurrency community.
Matthew Sigel, head of digital asset research at investment firm VanEck, was among those who criticized Garlinghouse's gesture. "Is that your apology for Ripple funding Greenpeace's anti-Bitcoin efforts? I'd prefer an apology to the ugly sculpture," Sigel quipped.
The controversial installation, created by art activist Benjamin Von Wong and Greenpeace USA, depicts a massive skull made of e-waste and recycled styrofoam. Wong was inspired to take part in the project after studying the impact of climate change in Greenland.
Prior to this, Ripple's Chris Larsen had joined forces with Greenpeace to lobby against Bitcoin's proof-of-work consensus algorithm.
Bitcoin advocates initially dismissed the statue as low-quality propaganda, though some later embraced it in jest. However, the gesture is unlikely to mend the rift between the XRP and Bitcoin communities, which have clashed over Ripple's lobbying against a BTC-only strategic reserve.
The statue has now been gifted by Ripple to the Bitcoin community and will be installed at the Nashville-based Bitcoin Museum.