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Conor McGregor Sparks XRP vs Bitcoin Debate in Crypto World

Conor McGregor Sparks XRP vs Bitcoin Debate

Conor McGregor Questions XRP, Bitcoin, and Crypto Decentralization

Conor McGregor, a 5-time UFC champion and global sports personality, has made buzzes, this time in the world of cryptocurrency. Popular for his bold steps, McGregor is now looking into cryptocurrencies like XRP, Cardano, and Solana. His sudden interest has started up serious conversations on social media, specially centered around the topic of decentralization. 

McGregor’s Twitter Sparks Major Reaction

Earlier this week, McGregor tweeted:

“I have learned from the events this week that not all blockchains are actually decentralised. People are telling me that Bitcoin and Ethereum are the only truly decentralised networks. But the US government is going to purchase SOL, XRP, and ADA?”  

Source: Conor McGregor

This message sparked heated responses from the community. Although many people are in consensus that Bitcoin is the only truly decentralized blockchain, some argued in favor of XRP and Cardano as well. One user responded, “Bitcoin is the only blockchain that is 100% decentralized and cannot be controlled or stopped. Ethereum is also decentralised to an extent, but it still has people behind it, the leaders. Which makes it prone to government control anytime. 

XRP in the Spotlight

Despite the debate, McGregor’s focus on XRP brought renewed attention to the digital asset. Supporters of the currency pointed out the blockchain’s rapid transactions, low cost, and increasing global use. Some users said that it is more decentralized than critics think. They emphasized the ledger structure and huge validator base. Also Dubai is planning to launch real estate tokenisation on the XRP ledger platform. It is to use crypto for real estate money transactions. As of writing the currency is trading at $2.31 with a decrease of 1.21% in the last 24 hours as per the CoinMarketCap

Source: CoinMarketCap

Adding more buzz to the conversation, analysts believe that an XRP ETF (Exchange-Traded Fund) in the U.S. is getting closer to approval. Market experts say there’s now an 83% chance of this happening, despite ongoing regulatory challenges. 

US and Global Governments Eye Crypto Reserves

The timing of McGregor’s interest is no coincidence. The U.S. government is reportedly planning a Strategic Crypto Reserve of worth $10 billion. This fund would include Bitcoin, XRP, Cardano (ADA), and Solana (SOL), showing that institutional support for altcoins is growing.

The idea of government-backed digital asset reserves is becoming a global trend. Back in March, former President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve. Since then, states like Texas and New Hampshire have pushed for their own crypto stockpiles.

Other countries are joining the movement too. Ukraine and Ireland are looking into similar plans. Interestingly, McGregor is set to meet with El Salvador's President Nayib Bukele, known for making Bitcoin legal tender, to discuss an Irish Strategic Bitcoin Reserve. 

Final Thoughts

McGregor’s entry in the crypto industry is not just hype. It demonstrates a huge transformation happening globally, where athletes, investors, corporates, and governments are taking crypto more seriously. Although his comment may have sparked a decentralization debate, it also raised bigger questions: Who controls digital currencies, and who should?

As global leaders want to establish digital asset reserves and ETF approval, the future of crypto seems more mainstream than before. Whether there is Ripple, BTC, or Cardano, it is clear that crypto is not just for technology enthusiasts. It is expanding towards global finance, sports, corporates, and political space too.

Muskan Sharma

About the Author Muskan Sharma

Expertise coingabbar.com

Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.

Muskan Sharma
Muskan Sharma

Expertise

About Author

Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.

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