The founder of Black Swan Capitalist, Versan Aljarrah, has contended that the rivalry observed among XRP and Stellar (XLM) enthusiasts is pointless, as both are complementary technologies.
In a recent tweet, Aljarrah emphasized that XRP and XLM are non-competing crypto technologies. He argued that XRP and XLM complement each other in ways still unfolding and being explored.
Additionally, he stated that each of them brings a distinct and valuable element to the table for the crypto landscape.
“So, why limit yourself to one when you can ride both,” the Black Swan Capitalist founder asked the crypto community.
I've said it before, and I'll say it again: #XRP and #XLM are not competing #technologies
These technologies complement each other in ways we've yet to understand
They each bring something unique to the table. So, why limit yourself to one when you can ride both? pic.twitter.com/cgMDXjj26T
— Black Swan Capitalist (@VersanAljarrah) December 5, 2023
Notably, Aljarrah’s view that XRP and XLM are complementary technologies was prompted by a report that cited Google’s AI commentary on the two crypto projects.
Specifically, Google Bard favored XLM over XRP, with one of the supporting points being the claim that XLM is purportedly more decentralized than XRP. It is worth mentioning that the AI’s assertion is weak. The claim suggested that XRP is centralized simply because Ripple Labs supports it.
Crypto Community Reacts
Meanwhile, Aljarrah’s commentary elicited diverse views from crypto market participants. For Instance, an X user sided with Aljarrah that XRP and XLM are integral to the financial system.
The commenter drew an analogy, comparing these cryptocurrencies to building a house where electrical, plumbing, and walls are all indispensable. He pointed out the irrationality of designating one as more significant than the other.
Also, many other crypto enthusiasts concurred that XRP and XLM are not rivals but complementary.
Meanwhile, another X user sought further details about how XRP and XLM complement each other. He highlighted that, at the very least, both are involved in payments and token issuance, seeking distinctive use cases that mutually complement each other.
On the other hand, another expressed that XLM is geared toward retail use, while XRP appears to align more with institutions, banks, and government entities. However, it is crucial to highlight that this widespread perception is merely sentimental, as both XLM and XRP cater to both retail and institutional use cases.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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