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Reading: XRP Is ‘Scam You Can Gamble On’, Jeremie Davinci Claims
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Your Crypto News Today > News > Crypto > Altcoins > XRP Is ‘Scam You Can Gamble On’, Jeremie Davinci Claims
Altcoins

XRP Is ‘Scam You Can Gamble On’, Jeremie Davinci Claims

September 1, 2025 2 Min Read
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An early Bitcoin adopter, crypto millionaire, and YouTuber, Jeremie Davinci, has revealed a tweet through which he praises BTC and trashes the Ripple-affiliated XRP cryptocurrency.

Davinci has addressed these individuals who maintain Bitcoin and XRP.

XRP is a rip-off, Davinci states

Commenting on an excerpt of a video interview, the place the host admits that she holds $1,300,000 in XRP, anticipating it to present her a lifetime fortune when the value goes to $10 (on the time of the interview, it was buying and selling round $2).

Davinci said that many individuals who maintain Bitcoin and XRP don’t totally understand what these cryptocurrencies are. Whereas praising BTC as “one of the best wealth storage,” Davinci trashed XRP as “a rip-off you possibly can gamble on.”

Most individuals personal #Bitcoin and #XRP and have no idea what they’ve. One is one of the best wealth storage (BTC), the opposite is a rip-off you possibly can gamble on (XRP). https://t.co/PSlUcMJwrw https://t.co/jV9PDlT4WW

— Davinci Jeremie (@Davincij15) August 29, 2025

Presently, XRP is labeled as a centralized rip-off by many Bitcoin maximalists, together with Max Keiser, and up to now, there have been articles doing likewise as they criticized Ripple for dumping XRP available on the market, for manipulating the value, and mainly imposing centralized governance on it.

Moreover, XRP was beneath regulatory fireplace for round 5 years because the SEC initiated a authorized case in opposition to it till the brand new SEC chairman beneath the brand new US president, Donald Trump, opted to finish it, leaving Ripple alone and thus serving to to revive XRP’s repute out there.

XRP runs on the XRP ledger and its complete provide of fifty billion cash was premined. This circumstance is usually made as the primary promoting level of XRP in opposition to Bitcoin mining, which regularly consumes mammoth quantities of power as a result of Proof-of-Work consensus protocol.

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