TLDR
- Pro-Ripple lawyer Bill Morgan argues that Bitcoin holds no significant advantage over XRP in key areas of cryptocurrency characteristics.
- Morgan highlights that Ripple’s escrow system is designed to create trusted markets and ensure supply predictability, benefiting XRP’s value.
- XRP’s finite supply is not a disadvantage according to Morgan, as it mirrors Bitcoin’s hard money traits, which are seen as positive.
- The recent Ripple lawsuit settlement could lead to a corporate rush for XRP, boosting its market value and potential for new all-time highs.
- Morgan challenges Bitcoin supporters’ views, emphasizing that XRP offers comparable stability, divisibility, and resistance to manipulation as Bitcoin.
Following the conclusion of the Ripple lawsuit, Bitcoin proponents have again launched fresh attacks on XRP, especially after the altcoin’s recent release from escrow accounts. However, pro-Ripple lawyer Bill Morgan disagrees with these criticisms and argues that Bitcoin holds no major advantage over XRP. He asserts that XRP’s release from escrow is not detrimental to its value, and Ripple’s approach is well thought out.
XRP’s Release from Escrow: No Negative Impact on Price
The recent attacks on XRP came after Ripple unlocked a portion of the altcoin from its escrow account. Bitcoin supporters voiced concerns that this release could cause a negative impact on XRP’s price. They argue that XRP’s supply, which Ripple controls, could lead to market manipulation. In response, Morgan emphasized that Ripple CEO Brad Garlinghouse has repeatedly highlighted the benefits of the escrow system.
“Escrow is designed to create trusted markets, supply predictability, and stability,” Morgan explained. He stressed that even after years of operation, there is no substantial evidence linking XRP’s price movement to the release of tokens from escrow. Morgan also pointed out that the SEC acknowledged the escrow system as one of the mechanisms that support the price of XRP rather than suppress it.
That just means the supply is finite. As the bitcoin maxis say, a finite supply is one of the characteristics that makes a crypto hard money. The fact that the XRP supply it’s finite is as much a positive for XRP as it is for bitcoin
— bill morgan (@Belisarius2020) August 12, 2025
Bitcoin vs XRP: Supply and Hard Money Characteristics
A Bitcoin supporter recently claimed that XRP is a “100% centrally issued pre-mine,” suggesting that it lacks decentralization. Morgan responded by explaining that XRP’s finite supply is not a disadvantage. He argued that the finite supply of XRP is as much a strength as Bitcoin’s. “A finite supply is a characteristic that makes both Bitcoin and XRP valuable as hard money,” Morgan noted.
The Bitcoin supporter also pointed out that Bitcoin has a production cost due to mining, while XRP doesn’t have an issuer. However, Morgan clarified that XRP’s finite supply does not diminish its value. He further discussed the traits of hard money, such as durability, scarcity, divisibility, security, stability, and resistance to manipulation. Morgan concluded that XRP has no significant disadvantage in these areas compared to Bitcoin.
Ripple Lawsuit Settlement and Potential Corporate Rush for XRP Treasury
The recent Ripple lawsuit settlement has had positive effects on XRP’s value and market perception. Morgan believes that this settlement could trigger a corporate race to acquire XRP from the Treasury. As Ripple gains more legitimacy following the legal win, interest in the altcoin could rise. XRP is currently trading at $3.22, and market analysts remain hopeful about the potential for a breakout to new all-time highs.
