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<figure><figcaption> Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a></figcaption></figure>Brad Garlinghouse, chief executive officer at enterprise blockchain company Ripple, <a href="https://x.com/bgarlinghouse/status/1897324077544825070" rel="noopener noreferrer nofollow">has taken a jab</a> at some industry participants who insist on maintaining a "myopic" mindset.Earlier this Wednesday, the 53-year-old executive said that he "couldn't agree more" with a recent take shared by Austin Federa, former strategy lead at the Solana Foundation."I'm baffled how anyone can join this industry and maintain a myopic zero-sum mindset. Crypto needs more capitalists, fewer mercantilists and feudalists," Federa said.The common apparently comes in response to the numerous critics of the much-talked-about multi-token cryptocurrency reserve.As reported by U.Today, the reserve is supposed to include the Ripple-affiliated XRP, Solana as well as several other cryptocurrencies.Some sayers have questioned the necessity of a multi-token reserve, insisting that a Bitcoin-only version would be sufficient since the largest cryptocurrency is viewed as digital gold.However, Bitcoin maximalist Michael Saylor recently <a href="https://u.today/saylor-reacts-to-major-crypto-reserve-announcement" rel="noopener noreferrer nofollow">described</a> the development as "bullish" for crypto.Ripple has been lobbying against a pure Bitcoin reserve, which did not sit well with many Bitcoin supporters. However, Garlinghouse previously <a href="https://x.com/bgarlinghouse/status/1882513710616621442" rel="noopener noreferrer nofollow">claimed</a> that the company's efforts actually increased the likelihood of the reserve actually happening.Earlier today, it was confirmed that Bitcoin would have special status in the crypto reserve.<a href="https://u.today/ripple-ceo-opposes-zero-sum-mindset-in-crypto" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Ripple CEO Opposes “Zero Sum” Mindset in Crypto

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