Bitcoin OG Jeff Booth on XRP Price and Usage: Only One Neutral Protocol Wins
A recent discussion on the Memes and Markets show introduced a familiar debate in digital assets. Bitcoin advocate Jeff Booth shared his long-term view on crypto networks, while the hosts acknowledged the strong interest in XRP among their audience. The conversation focused on structure, regulation, and the future role of blockchain networks in global finance.
While Booth focused on protocol design, the discussion also revealed why XRP continues to hold a strong position in the financial system.
Bitcoin OG Jeff Booth on $XRP
“I’m not saying in the short term, the token won’t go up for a little while.”
But long term, he says only one neutral protocol wins.
And he’s convinced it’s not XRP 👇— Memes and Markets (@Memesandmkts) April 2, 2026
Jeff Booth’s Protocol Argument
Jeff Booth made it clear that his thesis focuses on network structure, not short-term price action. He said, “I’m not saying in the short term, the token won’t go up for a little while.” He explained that he views Bitcoin as a protocol that develops in layers, not as a simple token competing on price. Booth added that in his view, “there can only be one, it’s not XRP.”
His argument centers on decentralization and security at the base layer. He explained that Bitcoin chose decentralization and security, while other networks focused on scalability.
He also asked a direct question about centralized blockchains: “If you had a high-cost database, which is blockchain, that was centralized. Why wouldn’t you just use a database?” His position is based on long-term network design and what he believes the market will adopt over time.
XRP’s Position After Regulatory Clarity
Despite Booth’s long-term protocol argument, XRP has built its position through institutional integration and regulatory progress. XRP survived a major legal battle with the U.S. Securities and Exchange Commission (SEC) and emerged with regulatory clarity in the U.S. That outcome gave the asset one of the clearest legal positions among major digital assets.
This clarity allowed Ripple to expand institutional partnerships, payment corridors, and treasury services. Financial institutions continue to test and use Ripple’s infrastructure for cross-border payments, liquidity management, and settlement solutions.
XRP operates within the financial system, and its strategy aligns with banks, payment providers, and governments that require compliance and regulatory certainty.
Short-term price movement was also addressed. Booth acknowledged that if systems built around banking and yield develop, some assets could rise in value during that period. This aligns with XRP’s current positioning inside regulated financial infrastructure.
Preparing For The Next Phase Of Technology
XRP continues to expand in tokenization, liquidity, and institutional settlement. These use cases place it inside the existing financial architecture while blockchain adoption grows.
While Booth may not be convinced of XRP’s long-term potential, the asset has shown notable resilience over the years, and many experts believe it can dominate global finance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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