Bitcoin is digital gold but “What is the logical basis for the XRP reserve”, Peter Chef asks: Cardano Charles Hoskinson’s founder says Trump has made the right decision

Famous economic expert Peter Chef Doubt Xrp XRP/USD In the coded currency reserves announced by the president Donald Trump On Sunday, with recognition of the logical basis behind them, including Bitcoin BTC/USD.

What happened: Chef said on X, although it does not agree, but he understands that the inclusion of Bitcoin originated from the narration of “digital gold”. “I get the logical basis for the bitcoin reserve. I don’t agree with it, but I get it.”

“But what is the logical basis for the XRP reserve? Why do we have the right to hell we need it?” Chef criticized the inclusion of XRP.

In response, Charles HoskinsonParticipant founder Cardano Ada/USD – Altcoin mentioned other strategic reserves – that XRP is a “wonderful” technique and a global standard, and has one of the strongest societies.

“I think the president made the right decision,” Hoskinson said.

See also: SEC closes an investigation against Crypto Excination Gemini.

Chef, one of the harshest critics of cryptocurrencies in the world, argued that Bitcoin was on the verge of a “sharp sale” and that Trump was brought to save the encrypted currency with the “rescue function”.

Why do it matter: The statements of Chef followed Trump’s Great Declaration that Bitcoin will be in the “heart” of an American strategic currency reserve, along with other currencies such as coins such as coins such as ethereum Eth/USDand Xrp XRP/USDand Cardano Ada/USDAnd Solana Sol/USD.

Interestingly, last week only, Chef suggested in the post of Sfic that the strategic bitcoin reserves announced only by Trump The market shrinkage can stop.

He also said that Bitcoin’s increase, which exceeded $ 100,000, was “Sadad” from Trump to the base of the cryptocurrency.

PriceAt the time of writing this report, Bitcoin was the exchange of hands at 93,045.77 dollars, an increase of 7.57 % in the past 24 hours, according to what it said. Data from Benzinga Pro.

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