As more opinions buzz around Strategy’s fresh bitcoin moves in our crypto circles a trader called Merlijn has pushed back against Ripple CEO Brad Garlinghouse views on it all 🦇 In a tweet calling out those remarks Merlijn insisted both Ripple and this business intelligence firm lean on identical funding tricks so the Ripple boss holds zero ground to scold Strategy or Michael Saylor when their plays mirror each other.
Trader Challenges Garlinghouse’s Comments on Strategy 🌙
Over the weekend Garlinghouse claimed during a CNBC chat that Strategy’s bitcoin model drags the broader crypto scene down. The leading treasury outfit paused its buying streak and offloaded some holdings which stirred chaos since they fueled major BTC demand. Even after resuming purchases the sale drew fire from big voices like Garlinghouse who argued Saylor ignored building around BTC’s true strengths. He noted the purchase model once fueled rally excitement yet now worsens the pain during declines.
Two Giants, Same Model 🖤
Merlijn agrees STRC sits in distress but insists Garlinghouse cannot attack Saylor fairly. Ripple funds itself by offloading XRP from escrow monthly which mirrors Strategy’s own approach. Both giants lean on the assets they champion creating parallel selling pressure so the criticism feels ironic from someone who skips the never sell mantra.
Merlijn’s full take here.
Just another echo from the void by iconofsin.eth 💖
