Weiss Crypto Ratings, a crypto and financial ratings company, said that the XRP community transitioning over to XLM would make sense.
The company suggested Stellar leads in "Technological advancement" but struggles with adoption, which is why migration from XRP to XLM would close that gap.
The nature of cryptocurrencies makes it incredibly hard to reach mainstream adoption, which is why some of the most successful crypto projects are the ones that most closely resemble a traditional monetary structure.
Weiss Crypto Ratings, a provider of ratings of stocks, ETFs, financial institutions, and cryptocurrencies, said that a marriage between a popular and a technologically advanced cryptocurrency would heal the industry's woes.
"Some say #XRP community transitioning over to #XLM would make sense. XLM has the technological advantage over XRP, but XRP leads in adoption. If the XRP community moved over to XLM, that adoption gap would close," the company tweeted, asking its followers whether they would cross over if such a movement happened.
The company tried to distance itself from the bold statement by insinuating that it originated elsewhere but to no success.
The reaction that ensued seemed to unite the always divided crypto community against a common enemy.
Hundreds of users commented on the tweet, saying that it completely destroyed any credibility Weiss Crypto had. Many also questioned the data Weiss used that led them to believe that not only such a transition would be possible, but that it would also garner great results for the community.
The company's attempt to clarify its statement was equally unsuccessful.
Twitter users showered the company with criticism, with many saying that such a "Stupid" and "Outrageous" statement must have been said on purpose to gain attention.
Weiss Crypto Ratings says XRP community transitioning to XLM 'makes sense'
Udgivet den Nov 8, 2019
by Cryptoslate | Udgivet den Coinage
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