Charles Hoskinson, co-founder of Cardano, has shown support for Donald Trump's decision to include XRP in the US crypto reserve, emphasizing its utility and significance.
Support for Trump’s Decision
Charles Hoskinson endorsed President Donald Trump's decision to include XRP in the US crypto reserve. Hoskinson highlighted XRP's merit due to its utility.
Criticism from Peter Schiff
Peter Schiff, a long-time Bitcoin critic, expressed skepticism about the inclusion of XRP in the reserve. While he acknowledged the rationale behind a reserve, he questioned the necessity of including XRP.
Crypto Community Reaction
The decision to include XRP has sparked debate within the community. Some experts, like Alex Xu from Mint Ventures, believe this could weaken the trust in a Bitcoin reserve.
The inclusion of XRP in the US crypto reserve remains a contentious issue. Further details are expected to be disclosed at the upcoming White House summit.