Legendary Trader Peter Brandt Claims XRP Army Are “Uneducated and Biased”

Peter Brandt, a long-time market analyst, triggered a heated discussion after sharing blunt views on silver and XRP supporters. He argued that these communities show persistent bias and limited understanding compared with others he has observed.

That position, according to Brandt, reflects lessons drawn from a long career in financial markets. He referenced 50 years of working with commodities, indexes, and digital assets across different market cycles.

Debate Spreads Across X

The legendary trader’s remarks spread quickly on X, drawing responses from users with sharply different perspectives on market analysis. Many framed the disagreement as a clash between experience-based methods and newer technology-focused thinking.

One response came from Arthur Burrito, who challenged Brandt’s reliance on chart-driven analysis. The commentator argued that charts alone overlook how technological shifts can reshape value, adoption, and long-term relevance.

Burrito compared the criticism to the early dismissal of the internet, suggesting history may be repeating itself. He described the stance as pride rooted in tradition, rather than curiosity about emerging systems.

Brandt replied with a firm rebuttal, rejecting claims that younger voices brought entirely new ideas to markets. He said experience still matters and argued that longevity can outperform novelty when conditions turn uncertain.

As the discussion widened, another user known as GrimmReaper entered the exchange and identified as Generation X. He argued XRP should be evaluated through its technology and use case, not dismissed through historical bias.

GrimmReaper added that rapid financial innovation often appears uncomfortable to established market frameworks. In his view, this made Brandt’s skepticism surprising, given the changes witnessed over several decades.

XRP Strengthens Institutional Presence and DeFi Reach

Another X user known as “Dman Trader” later shifted the discussion toward macro themes tied to Ripple’s institutional strategy. He described XRP as connected to evolving banking infrastructure rather than short-term market narratives.

To support that view, Dman Trader referenced a post attributed to Ripple CEO Brad Garlinghouse during the exchange. The post stated Ripple received conditional approval to form a national trust bank under US regulators.

These institutional developments complement broader efforts to expand XRP’s ecosystem. Hex Trust, a digital asset firm, has announced the rollout of Wrapped XRP (wXRP). The move aims to increase XRP’s access to decentralized finance and cross-chain applications. The asset will first appear on Solana before moving to other supported networks.

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