“Bitcoin Sanctuary or Nothing” – Ripple Set to Pushed into Multi-Asset Sanctuary – TradingView News

The Bitcoin community criticizes Ripple for advocating a multi-power strategic reserve, rather than just Bitcoin, sparking a heated debate within the crypto space.

Bitcoiners accused Ripple of being the “biggest obstacle” to the US strategic Bitcoin reserve as it actively promoted the listing of multiple coins, including XRP. xrpusd.

On January 16, the New York Post reported that Trump was receptive to the idea of ​​creating a strategic reserve featuring US-based tokens such as the US dollar coin. USDCUSDSolana Solosd And XRP.

The idea, which is largely supported by Ripple CEO Brad Garlinghouse, has stimulated debate in the community, with many claiming that there is no such thing as a cryptocurrency other than Bitcoin. btcusd It has a place on the balance sheet of the United States government.

Garlinghouse confirms payment of various crypto reserves

Riot’s head of platform research, Pierre Rochard, took to

It highlighted Ripple’s intense political pressure and active involvement in building central bank digital currencies (CBDC).

Ripple’s Garlinghouse jumped on Rochard’s thread to confirm its support for various crypto markets rather than just Bitcoin.

“Our efforts actually increase the likelihood of a strategic crypto reserve — which includes Bitcoin — occurring,” Garlinghouse wrote.

Richard is not alone in criticizing Ripple

Many in the community have joined the debate on whether the US should create a multi-asset crypto reserve, with Bitcoiners blasting Ripple for supporting a diversified crypto reserve.

“The United States needs a Bitcoin Strategic Reserve, not a Crypto Strategic Reserve,” Bitcoin attorney Wayne Vaughan wrote on January 23.

“Ripple, Ethereum, and Solana have no place on the US government’s balance sheet. Including them would create costly political ramifications for the Trump administration.”

Nico Moran, CEO of Bitvolt, echoed Rochard’s statements about Ripple, saying that the company was “deliberately working against the Bitcoin Strategic Reserve Initiative, prioritizing its own interests over the well-being of the American people.”

Messari CEO Ryan Selkis criticized Ripple’s political ties and his push for XRP as an asset on the US balance sheet.

“I did not donate $12 million to Kamala or cost the GOP the three additional Senate seats like Ripple did,” Selkis wrote, adding:

“But I am still trying to help President Trump and their team understand why XRP is the poster child for why there is no national crypto reserve. Bitcoin reserve or nothing.”

Independent journalist Efrat Venigsson joined the growing criticism of Ripple, referring to a “love story” between Ripple and CBDCs.

She emphasized that the pressure on Ripple against Bitcoin reserves was clearly in the context of its support for central money and CBDCs over the freedom of Bitcoin.

The news came when Trump signed an executive order banning the development of CBDCs in the United States and creating a national stockpile of digital assets on January 23.