The Satoshi Candidate says the XRP and Solana parts of the reserve are “clear fraud”
Peter Todd, Canadian Bitcoin developer Peter Tod, who was determined as the best Satoshi Nakamoto candidate by HBO last year, Go out The idea of including Altcoins such as XRP and Solana (SOL) in strategic encoding reserves.
Todd insists that such a step will be a “clear fraud”, which is supposed to only enrich the “central limbs” that are claiming to control these symbols.
At the same time, you argue that only the bitcoin reserves will not differ from the gold reserve.
“The bitcoin part of it is just buying digital gold. It is not very different from the Gold Strategic Reserve,” said Todd.
The reserve advertisement, which initially caused two -digit gains such as XRP and Ada, was met with widespread criticism.
Even in favor of profit voices, such as the CEO of BitWise Hunter Horsley interrogation Altcoins inserted above in the reserve.
Of course, the advertisement attracted a strong violent reaction from the maximum bitcoin who was expecting a pure BTC reserve. Supporters of these heroes believe that such symbols are not decentralized enough to be included in the reserve.
Todd, who was paid by a banking union to analyze Ripple again in 2015, was a long critic for XRP.
Todd in 2018 said: “The paradox in all of this is if Ripple just comes out and said that XRP is a central system, we will all face more difficult time to criticize it …” Todd said in 2018.