Vitalik Buterin recently tweeted that XRP, the sixth-biggest cryptocurrency, had no right to protection following Ripple’s attempt to label Ethereum as “China-controlled.” Nevertheless, the Ethereum co-founder also remarked his satisfaction that people were opposing regulations favoring Ethereum above other cryptocurrencies. His post was in response to Newton and Bitbuy, two cryptocurrency exchanges based in Ontario, Canada, imposing a 30,000 CAD “buy limit” annually on all tokens but Ethereum, Bitcoin, and several other altcoins. David Hoffman, Co-Founder of Bankless, joked that he wouldn’t have said anything if they had banned XRP. XRP already lost their right to protection when they tried to throw us under the bus as "China-controlled" imo:https://t.co/t6cbMtjsEV — vitalik.eth (@VitalikButerin) August 17, 2022 Buterin Slammed Ripple in 2020 Vitalik Buterin criticized Ripple for “sinking to new degrees of weirdness” in December 2020 when it attempted to characterize Bitcoin and Ethereum as being under “Chinese control” merely because the nation accounted for the bulk of the world’s hashrate. Ripple Co-Founder, Chris Larsen, asserted in an opinion piece he wrote in April 2020 that the Communist Party of China might try to destroy Bitcoin. It is important to note that the United States is currently the leading center for Bitcoin mining. The community behind the token was critical of Buterin’s most recent anti-XRP statement. Th...
