Max Keiser, a well-known advocate and staunch supporter of Bitcoin, has recently expressed his disapproval of Ripple (XRP) once more, using Twitter as his platform to criticize the company.
In addition to serving as El Salvador’s President Bitcoin advisor, Max Keiser openly criticized Ripple, its CEO Brad Garlinghouse, and the native cryptocurrency of the company, XRP. While acknowledging that the US Securities and Exchange Commission (SEC) is overstepping its boundaries, Max Keiser holds the belief that this won’t hinder them from eliminating XRP and other similar cryptocurrencies, which he refers to as “shitcoins.” The only exception, according to Keiser, is Bitcoin.
Going forward, he also said that:
“… there’s virtually no rule of law whatsoever in Wall St/finance for those with $ and clout. Brad Garlinghouse has been spending a lot to keep his Ponzi scheme going, but he can’t outspend the Feds & Jamie Dimon.
It’s a matter of when, not if when XRP gets cut down.”