Exclusive: Edo Farina Says Peter Brandt Ignores XRP’s 100 Billion Supply Cap In ‘Fool Coin’ Jab

Edo Farina, founder of Alpha Lions Academy and a long-time $XRP advocate, has pushed back against veteran trader Peter Brandt’s latest criticism of the token. In comments to Coinpedia, Farina said Brandt is judging $XRP as a payment currency when holders see it as a scarce asset at the core of financial infrastructure.

What Brandt said

Brandt has repeatedly targeted $XRP and its community. He described the token’s backers as cult-like and called $XRP a “fool coin.” He accepted that $XRP can move money cheaply but questioned whether that makes the token valuable, pointing to its large supply. In the same period, Brandt has projected an $XRP move to $5.40.

“That’s not the $XRP thesis”

Farina said Brandt’s core argument is that being useful for payments does not make an asset rise in value. “But that’s not the $XRP thesis,” he said.

In his view, people who hold $XRP own part of the protocol that moves value, rather than just using a service. He contrasted this with cross-border banking, which relies on correspondent banks, prefunded accounts, several ledgers and layers of fees. “Basically, the banks control the rails,” Farina said.

He described $XRP as a neutral bridge asset that does not favour any single currency, country or institution. “That neutrality isn’t merely a feature of $XRP, but the foundation of its entire value proposition,” he said.

Supply cap at the centre of the dispute

Farina’s sharpest objection was to what he called Brandt’s comparison of $XRP with the US dollar. The Federal Reserve can expand the dollar supply through monetary policy. $XRP’s total supply is capped at 100 billion tokens, and a small amount is permanently burned as a fee on every transaction.

“If usage of $XRP for settlement increases, the protocol cannot simply create another 100 billion $XRP to accommodate that demand,” Farina said. He argued that as more banks and payment firms need liquidity, rising demand will meet a supply that cannot grow. “This is why comparing $XRP to the U.S. dollar is outrageous,” he added.

Charts versus fundamentals

Farina also pointed to what he sees as a contradiction in Brandt’s position. Brandt dismisses $XRP’s fundamentals, he said, yet his own chart work points to a price of $5.40.

“Arbitrary lines drawn by a random person on a chart are very different from fundamentals,” Farina said. He added that he does not buy $XRP hoping someone will pay more for it later. “Protocol ownership matters more than any TA. Peter Brandt doesn’t understand the $XRP Liquidity Model,” he said.