Oh dear, it’s getting juicy in the world of crypto. The US Strategic Reserve is up for grabs, and the big question is: will it be XRP or Bitcoin? The experts are at each other’s throats, and we can’t get enough of the drama.
It all started at the 2024 Bitcoin Conference in Nashville, where the community was abuzz with excitement about the US adopting a strategic Bitcoin reserve. But then, Ripple CEO Brad Garlinghouse dropped a bombshell, suggesting a diversified US strategic reserve. And just like that, the focus shifted to XRP.
Crypto Community in Shambles: XRP or Bitcoin?
Crypto influencer Scott Melker, aka The Wolf of All Streets, weighed in on the possibility of an XRP reserve. He said, “I don’t share rumors unless I hear them from multiple, reliable sources.” But Bitcoin enthusiast Wayne Vaughan was having none of it, warning that “including anything other than Bitcoin would have serious negative consequences.”
And then there’s AP_Abacus, a popular Bitcoin figure, who shared an anonymous comment that basically said XRP’s attempts to join the US reserve are doomed to fail. Ouch.
Ripple’s Alleged Plot to Steal the Spotlight
Scott Melker claims that American entrepreneur Jack Mallers spilled the tea on Ripple’s alleged efforts to undermine the US Bitcoin strategic reserve. Mallers accused Ripple of “corporate lobbying disguised as innovation” and said they’re spending millions to get XRP into the US strategic reserve.
Meanwhile, the Ripple-SEC lawsuit is still ongoing, and the community is on the edge of their seats, waiting for a conclusion. And with Gary Gensler’s resignation, things are about to get even more interesting.
Brad Garlinghouse’s Master Plan
But here’s the thing: Brad Garlinghouse isn’t just advocating for XRP as a reserve asset. He’s proposing a blend of various digital assets. He said, “I own XRP, BTC, and ETH, among a handful of others – we live in a multichain world, and I’ve advocated for a level-playing field instead of one token versus another.”
I own XRP, BTC, and ETH, among a handful of others – we live in a multichain world, and I’ve advocated for a level-playing field instead of one token versus another. If a govt digital asset reserve is created – I believe it should be representative of the industry, not just one token (whether it be BTC, XRP or anything else).
Donald Trump’s Bitcoin Bonanza
And then there’s Donald Trump, who proposed a strategic Bitcoin reserve during his election campaigns. The community is still waiting with bated breath for his decision, and the recent focus shift to XRP has only added fuel to the fire.
So, who will win Trump’s heart? Will it be XRP or Bitcoin? Only time will tell, but one thing’s for sure – it’s going to be a wild ride.
Read More
- Marvel Rivals Can Earn a Free Skin for Invisible Woman
- Marvel Rivals Announces Balancing Changes in Season 1
- “Fully Playable” Shenmue PS2 Port Was Developed By SEGA
- EUR CAD PREDICTION
- Valve Announces SteamOS Is Available For Third-Party Devices
- What Borderlands 4 Being ‘Borderlands 4’ Suggests About the Game
- Elden Ring Player Discovers Hidden Scadutree Detail on Second Playthrough
- Most Cinematic Fights In Naruto
- DMTR PREDICTION. DMTR cryptocurrency
- LEGO Star Wars: The Skywalker Saga – How to Get All Datacards
2025-01-28 21:17