Cryptocurrency

Gokhshtein Media Founder Says XRP Community Will Continue to Expand Regardless of Criticisms

David Gokhshtein, the founder of the popular cryptocurrency and blockchain news outlet, Gokhshtein Media, stays confident that the XRP community will continue to grow and expand in user count and adoption.

The staunch XRP supporter and holder has hit back at critics of the digital token and its major distributor, Ripple, the San Francisco-headquartered cross-border payment service provider. He stressed that the XRP community will keep growing regardless of the intensity of hate it gets from outsiders. 

David Gokhshtein wrote; “the more you toxic f’s hate on XRP, the bigger the army grows.”

Related: Gokhshtein Media Founder: I Should Have Bought More XRP Rather than Meme Tokens

Among the notable Ripple and XRP antagonists in the space is Vitalik Buterin, the co-founder of Ethereum (ETH). In December 2020 when the Ripple-SEC lawsuit started, the Ethereum co-founder Vitalik Buterin called the XRP crypto asset, a shitcoin and subtly concurred with the ‘security’ claims from the United States Securities and Exchange Commission (SEC) about the XRPL native token. 

This he said in revenge to the statement made by the Ripple/XRP team that Ethereum (ETH) is a Chinese-controlled cryptocurrency. 

“Looks like the Ripple/XRP team is sinking to new levels of strangeness. They’re claiming that their shitcoin should not be called a security for *public policy reasons*, namely because Bitcoin and Ethereum are Chinese-controlled,” Buterin wrote. 

Read Also: Ripple CEO Brad Garlinghouse Slams the SEC in Defense of Ethereum, Says He Holds BTC, ETH, XRP

Therefore, from the start of the XRP lawsuit, Ripple/XRP had no support from the Ethereum community. Again in August this year, Vitalik Buterin wrote, “XRP already lost their right to protection when they tried to throw us under the bus as “China-controlled” IMO.”

Meanwhile, Ripple CEO Brad Garlinghouse noted that the crypto solutions company isn’t just fighting for XRP alone but for the entire crypto industry. In recent outcomes, Ripple has gained substantial backing from top companies, attorneys, and crypto proponents in the long-standing legal tussle with the Gary Gensler-led SEC.


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Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

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