Is XRP the New COVID? Finance Expert Sparks Controversy! 🤔💸

In a rather theatrical display of financial acumen, the ever-controversial Gary Cardone has ignited a veritable bonfire of debate this week. His audacious claim? That XRP, that slippery little altcoin, has cozied up to authoritarian regimes in a desperate bid for relevance. Ah, the drama! 🎭

This tempest in a teapot was stirred by whispers that the European Central Bank (ECB) might just be considering the XRP Ledger for its forthcoming digital euro project. No formal decision has been made, mind you, but the mere suggestion was enough to send shockwaves through the financial community.

Cardone’s Scathing Remarks on XRP and Ms. Lagarde

Cardone, with all the subtlety of a sledgehammer, did not mince words. He proclaimed that XRP would “take any path it needs to survive,” even if that meant joining forces with “the most oppressive people on the planet.” One can only imagine the dinner parties he attends! 🍽️

He went on to label ECB President Christine Lagarde as “Ms. Cringe,” suggesting she harbors ambitions of transforming Europe into a “prison continent.” One wonders if he has a flair for the dramatic or simply enjoys a good metaphor! 😏

Is XRP the COVID-19 of Finance? Cardone Thinks So!

But wait, there’s more! Cardone likened XRP’s role in global finance to a second wave of COVID-19. “It’s COVID-19 Part Two in finance,” he declared, as if he were announcing a sequel to a particularly bad movie. Supporting XRP, he claimed, is akin to casting a vote for “European warmongers.” Oh, the audacity! 🎬

These incendiary comments ignited a firestorm within the XRP community, who were quick to respond with their own brand of fervor.

XRP will take any path they need to survive, including coordinating with the most oppressive people on planet Earth, one of them pictured below, Ms. Cringe, who will do whatever is needed to turn Europe into a Prison Continent, so there is martial law everywhere and they can scam…

— Gary Cardone (@GaryCardone) June 9, 2025

Rumors About The Digital Euro Continue

Meanwhile, the chatter surrounding the digital euro continues to grow. Speculation abounds that the ECB might launch this digital currency using blockchain technology, with some suggesting the XRP Ledger is in the running. Yet, the central bank remains as tight-lipped as a cat in a room full of rocking chairs.

It hasn’t even committed to launching the digital euro yet; the European Parliament still needs to give it the thumbs up. Ripple, the company behind XRP, has been in talks with central banks in far-flung places like Palau and Georgia, but that hardly guarantees a golden ticket with the ECB.

Despite the lack of official endorsement, XRP enthusiasts remain optimistic. After all, any whiff of central bank involvement lends a certain air of legitimacy. For some, it’s a cause for celebration; for others, a red flag waving in the wind. 🚩

Supporters Push Back on Cardone’s Claims

Crypto influencers, like knights in shining armor, wasted no time in defending their beloved XRP. Robert Doyle, known in the digital realm as Crypto Sensei, labeled Cardone’s claims as “factually wrong,” clarifying that there’s no evidence the ECB has chosen the XRP Ledger for anything.

Moon Lambo, another prominent figure in the crypto cosmos, suggested that Cardone may have fallen prey to the treacherous clutches of fake news. He even went so far as to diagnose Cardone with “XRP Derangement Syndrome.” A rather catchy term, if I may say! 🩺

You suffer from the affliction known as $XRP derangement syndrome.

— Moon Lambo (@MoonLamboio) May 10, 2025

Moon Lambo, ever the diligent researcher, linked to the ECB’s official website, demonstrating that no platform decisions have been made. He cautioned that careless posts could tarnish one’s credibility and urged Cardone to act with a modicum of integrity. A noble sentiment, indeed!

Divided Views Over Altcoin’s Role In Global Finance

This ongoing debate reveals a deeper schism within the crypto world. Some believe that collaborating with governments and banks signifies a crypto project’s utility, while others view it as a betrayal of the very principles that birthed cryptocurrency—freedom from centralized control. Ah, the irony! 🤷‍♂️

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2025-06-11 12:40