John Deaton’s XRP Revelation: The Crypto Community Goes Wild! 🚀

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In the bustling town of Crypto, where the digital winds blow hot and cold, pro-Ripple attorney John Deaton has thrown a pebble into the pond, sending ripples through the community. With a grin that could light up a dark room, he revealed that he holds a “substantial” amount of XRP. This revelation came after a spirited debate on X, where he was challenged about his recent pro-Bitcoin musings. Ah, the irony! A former Senate candidate from Massachusetts, caught in the crossfire of digital currency warfare.

The post I’m quoting is about BTC so my comment is. I clearly own a substantial amount of XRP. I’m just not someone who sees the two as mutually exclusive. We will operate in a world of more than one coin.

— John E Deaton (@JohnEDeaton1) June 9, 2025

But wait, there’s more! 🍿

Bitcoin at $106K? Deaton Calls It the Safer Bet

In a twist that would make even the most seasoned soap opera writer blush, Deaton declared that Bitcoin, now strutting around at $106,000, is a safer investment than when it was a mere $20,000. Bold? Absolutely! Backed by his macroeconomic crystal ball, he pointed to rising debt levels and the relentless printing of fiat money as the wind beneath Bitcoin’s wings.

He also waved his magic wand over recent U.S. policy shifts, including the pro-Bitcoin BITCOIN Act and the growing love affair between institutions and Bitcoin, as signs of a bullish trend that could make even the most skeptical investor raise an eyebrow.

Bitcoin Bonanza: Deaton’s Daring Investment Call

But hold your horses! Deaton isn’t just a one-trick pony. In a recent post, he made it clear that Bitcoin and XRP are not sworn enemies. He proclaimed, “We will function in a realm with multiple coins.” A sentiment that echoes Ripple CEO Brad Garlinghouse, who recently urged XRP holders to stop viewing the Bitcoin community as the villain in their story.

This balanced approach reflects Deaton’s vision of a multi-chain future, where competition is just a friendly game of tug-of-war, not a battle to the death.

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From Paycheck Struggles to Crypto Power Move

Adding a splash of humanity to his tale, Deaton shared a personal anecdote that could make a grown man weep. Just 15 years ago, he was living paycheck to paycheck, counting pennies like a miser. Fast forward to today, and he’s got 80% of his net worth in Bitcoin, actively playing the real estate game to boost his BTC holdings, all while reminiscing about those sub-$25,000 days.

While many are dreaming of aggressive Bitcoin strategies, Deaton draws a firm line in the sand: no mortgaging homes to buy BTC! A statement that wasn’t aimed at industry figure David Bailey, but rather a gentle nudge to the overzealous.

What Deaton’s Dual Strategy Signals for Crypto

Deaton’s approach captures the ever-evolving dance of today’s crypto market: a place where XRP’s regulatory win, confirming it as a non-security, can coexist with Bitcoin’s explosive 150% rise this year, fueled by economic uncertainty and legislative momentum like the GENIUS Act.

By backing both XRP and Bitcoin, Deaton stands as a bridge between two powerhouse communities, promoting strategic thinking and perhaps a little bit of sanity in this wild, wild west of digital currency.

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2025-06-09 13:08