XRP and Bitcoin Will be Completely Identical, Lead Contributor Explains How
Main Idea
A lead contributor argues that XRP and Bitcoin will become identical once all Bitcoin is mined, dismissing the significance of pre-mining differences.
Key Points
1. Bitcoin advocate Robert Breedlove highlighted the difference between XRP being 100% pre-mined and BTC being 0% pre-mined as a red flag.
2. Vet, a well-known XRP Ledger insider, countered that once all 21 million BTC are mined and distributed, Bitcoin and XRP will be identical in terms of distribution.
3. Vet argued that pre-mining merely accelerates an inevitable process without the long-term energy costs associated with Bitcoin's proof-of-work consensus algorithm.
4. XRP has a 100 billion maximum supply with an established escrow schedule, similar to Bitcoin's hard cap of 21 million coins.
5. As of August 2025, 19.9 million Bitcoin are already in circulation, while XRP's price is close to $3.
Description
XRP and Bitcoin same? XRP Ledger insider reveals why answer is yes
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