A prominent XRP advocate defends Donald Trump’s plan for an inclusive crypto reserve, which includes multiple digital assets, against Bitcoin maximalist criticism.
Trump’s Crypto Reserve Strategy Faces Pushback from Bitcoin Community
As former President Donald Trump proposed a broad strategic crypto reserve including not only Bitcoin but also XRP, Ethereum, Solana, and Cardano, Bitcoin maximalists reacted with strong opposition.
Pro-XRP lawyer Bill Morgan responded to this criticism, accusing Bitcoin maximalists of ingratitude toward Trump, who is the first major political leader to openly support crypto innovation instead of suppressing it.
👉 “For over eight years, the crypto industry has been under attack. Now, we finally have a leader who supports innovation, and yet maximalists are attacking him because he didn’t focus solely on Bitcoin,” argued Morgan.
Defending XRP Against FUD
Morgan also addressed the common claim that Ripple “creates XRP out of thin air”, calling it either uninformed or deliberately misleading.
💡 He emphasized several key facts about XRP:
XRP has a fixed supply and cannot be printed at will.Transaction fees continuously reduce the total supply of XRP.Ripple’s escrow system controls the release of XRP, and Ripple’s holdings are steadily decreasing as more XRP is distributed into the open market.
According to Morgan, the criticism of XRP is unfounded, and Bitcoin maximalists should recognize its importance in the global payment system.
Bitcoin Maximalists Reject XRP, SOL, ADA, and ETH in Reserve Plans
Many hardcore Bitcoin supporters have strongly opposed Trump’s plan, including Peter Brandt and Tyler Winklevoss, co-founder of Gemini.
❌ Brandt claimed that Trump’s crypto stance “severely damaged his credibility”, insisting that Bitcoin is the only asset that should be considered for a reserve.
❌ Winklevoss stated that while he has nothing against XRP, Solana, or Cardano, he doesn’t believe they meet the required standards for a strategic reserve.
👉 “Only one digital asset in the world currently meets that bar—Bitcoin,” Winklevoss declared.
Coinbase CEO Brian Armstrong also weighed in, suggesting that a reserve consisting solely of Bitcoin would be the simplest option. However, he acknowledged that if diversification was necessary, an index weighted by market capitalization could be an alternative.
Divided Crypto Community Ahead of White House Crypto Summit
Trump’s proposal has revealed deep ideological divisions within the crypto community.
🔹 Peter Schiff, a well-known Bitcoin critic, admitted that a BTC reserve makes sense, but he questioned why XRP should be included.
🔹 XRP supporters, on the other hand, argue that its growing adoption and real-world utility make it a viable asset for inclusion.
This heated debate over strategic reserves comes just days before the first-ever White House Crypto Summit, scheduled for March 7.
The event will bring together industry leaders, investors, and policymakers to discuss the future of digital assets in the United States. Trump is expected to outline a strategy to position the U.S. as a global leader in crypto innovation.
Bitcoin and XRP Market Performance
📊 Bitcoin (BTC) surged 5% during the day, trading at $87,532. It reached a high of $88,911 and a low of $81,529 within 24 hours.
📊 XRP is holding at $2.44, reflecting a 5% daily increase. Its intraday low was $2.30, while the high was $2.52.
💬 What’s your take on this debate? Should Trump prioritize Bitcoin alone, or should the reserve be diversified with other assets? 🚀👇
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