Matthew Sigel Triggers Uproar In XRP Community – Here’s What He Said

Matthew Sigel, the head of digital assets research at VanEck , has ignited a storm within the XRP community with a single sarcastic remark on X social media. While brief, his statement seemed to dismiss years of development and innovation behind the XRP Ledger (XRPL) , leaving many community members and industry analysts both shocked and aggrieved. Sigel’s words have sparked passionate debates about the value, utility, and understanding of XRP as a blockchain and digital asset. Sigel Draws Criticism For Subtly Mocking XRP Sigel’s controversial post appeared to be a subtle jab toward XRP enthusiasts, suggesting that he would never understand the XRPL blockchain but respected the passion and effort required to “pretend it does something.” Sigel’s mocking tone appeared to diminish the accomplishments of XRP over the years, provoking instant backlash from the cryptocurrency’s dedicated community. The VanEck executive implied that, despite the visible enthusiasm and hustle of...

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