Decade-Old Email Reveals Bitcoin's Battle Against Ripple
By John Nada·Feb 2, 2026·4 min read
A 2014 email revives the debate over Bitcoin's stance against competitors like Ripple and Stellar, highlighting historical tensions in the crypto ecosystem.
A recently resurfaced email from 2014 is reigniting the debate over Bitcoin's relationship with competitors like Ripple and Stellar. According to CryptoSlate, the email, sent by Austin Hill, then CEO of Blockstream, labeled Ripple and Stellar as detrimental to the Bitcoin ecosystem. This correspondence emerged after the US Department of Justice released extensive records under the Epstein Files Transparency Act, raising questions about the motivations behind Bitcoin's early supporters.
Hill's email suggested that investments in Ripple and Stellar posed a threat to Bitcoin by diluting investor trust and developer focus. He viewed these projects not merely as competition, but as potential contaminants to the Bitcoin narrative. This perspective reflected the mindset of many maximalists of that time, who believed the ecosystem should revolve solely around Bitcoin and its supporting infrastructure.
Yet, XRP advocates interpret the email differently. Leonidas Hadjiloizou, an XRP commentator, described it as an attempt by Bitcoin proponents to pressure investors into choosing sides, suggesting that early Bitcoin insiders were actively trying to divert capital away from Ripple.
Ripple's CTO emeritus, David Schwartz, weighed in on the matter, stating he wouldn’t be surprised if Hill's email was just the beginning of a larger issue. Schwartz warned that treating supporters of rival networks as enemies could ultimately harm the broader crypto space. However, he emphasized that the email does not provide evidence of any direct ties between Epstein and Ripple or its associated projects.
The irony lies in the fact that Hill's predictions of potential damage from Ripple have not materialized. In 2026, Ripple has emerged as a key player in the industry, achieving regulatory status and becoming a significant part of the crypto infrastructure. The firm’s long-standing legal battle with the SEC concluded in 2025 with a settlement, clearing the way for Ripple's growth and institutional acceptance.
Ripple's evolution demonstrates that the cryptocurrency ecosystem is broader than Bitcoin alone. The company has made substantial moves by acquiring major financial platforms and custody services, positioning itself as a legitimate player in the financial sector. The market's acceptance of XRP as an institutional asset class is a strong rebuttal to the notion that it harms the ecosystem.
The launch of XRP ETFs in late 2025 indicated a shift in perception from Wall Street, which no longer sees XRP as a contaminant. Instead, it suggests a more diversified view of the crypto ecosystem, where both Bitcoin and payment networks can coexist and thrive.
The long-standing feud between Bitcoin and Ripple communities is further complicated by historical debates over what constitutes a beneficial project for the ecosystem. Early criticisms of Ripple centered on governance and token distribution, with many Bitcoin supporters viewing Ripple's corporate ties as a threat to Bitcoin's decentralized ethos. Conversely, supporters defended Ripple’s focus on efficiency in payments.
This conflict has evolved into a lobbying battle, with figures like Jack Mallers claiming Ripple is trying to undermine a Bitcoin-only strategic reserve in favor of its centralized XRP token. The debate intensified when President Donald Trump suggested including XRP in a US strategic crypto reserve, highlighting the ongoing division between Bitcoin maximalists and advocates for a multi-asset reserve.
Despite the contentious history, Ripple CEO Brad Garlinghouse has called for cooperation among industry players, emphasizing unity and growth in the sector. As the landscape of cryptocurrencies continues to evolve, the divisions between Bitcoin and Ripple may become less significant, with both assets finding their place in a broader investment strategy.
The discussions ignited by this email reveal not only the historical tensions between Bitcoin and its competitors but also the evolving nature of the cryptocurrency market itself. It illustrates that the ecosystem can be more inclusive and diverse than previously thought, allowing multiple entities to thrive without undermining one another.
