Ripple’s CEO responded to claims about Bitcoin (BTC) energy use FUD.
Ripple CEO Brad Garlinghouse said it was “proud” that Coinshares CSO Meltem Demirors thinks her company is managing the Bitcoin energy use FUD.
As we reported yesterday, Demirors suggested that Ripple is the company behind the anti-Bitcoin narrative. Ripple’s top executives routinely criticize Bitcoin’s energy use, while founder Chris Larsen claims he should abandon the proof-of-work algorithm. Moreover, the company takes the lead in the amount of money spent on lobbying efforts.
Elon Musk’s sudden U-turn in Bitcoin is still a mystery.