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International Business Times

Business

Marvie Basilan

Bitcoiners vs $XRP Army: Top Crypto Communities Clash Over Strategic Digital Assets Reserve

Bitcoin Pierre Rochard Ripple XRP Crypto Donald Trump Brad Garlinghouse BTC CBDC Riot

Donald Trump signed an executive order that directed a working group to determine the possibility of a strategic reserve around digital assets, not just Bitcoin. (Credit: Pixabay)

KEY POINTS

Riot Platforms' Pierre Rochard said Ripple is 'aggressively lobbying against the SBR'
Garlinghouse said Ripple's efforts are increasing the likelihood of a crypto strategic reserve
Bitcoiners believe it should only be $BTC for a strategic reserve, but the $XRP Army begs to disagree
Trump signed an EO that directed a working group to assess the possibility of a strategic reserve around crypto

A word war is ensuing between Bitcoiners and the XRP Army, fueled by a post from a prominent Bitcoin maximalist and cryptocurrency executive who said Ripple and the XRP token are the "biggest obstacle" in achieving a strategic BTC reserve (SBR).

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