Ripple CEO Brad Garlinghouse Claimed That Michael Saylor and Strategy Have Harmed the Cryptocurrency Market
Ripple CEO Brad Garlinghouse argued that Michael Saylor and his company Strategy are harming Bitcoin and the cryptocurrency market. Ripple CEO Brad Garlinghouse criticized Strategy Chairman Michael Saylor’s method of financing Bitcoin purchases. Garlinghouse stated that financial engineering will not create long-term value in digital assets, arguing that the true value of crypto assets should be based on use cases and utility.