Ripple CTO Surveys XRP Army For ‘Best Arguments’ to Support Crypto Reserve
The post Ripple CTO Surveys XRP Army For ‘Best Arguments’ to Support Crypto Reserve appeared on BitcoinEthereumNews.com.
David Schwartz, the chief technology officer at Ripple has reacted to the news about the US president’s approval of the strategic cryptocurrency reserve, where aside from Bitcoin and Ethereum, also will be included ADA, XRP, and SOL so far. Cardano founder Charles Hoskinson has swept XRP and Ripple CTO a curtsey, praising both the XRP technology and the work Schwartz has done to build and further support it. Related Ripple CTO’s “survey” for XRP community David Schwartz published a tweet to pick the brain of his army of followers on the social media platform X about “the best arguments in support of any kind of digital asset reserve.” Schwartz stated that those could be for specific assets, all assets, or classes of assets. That part of was not particularly important for him, Ripple CTO admitted: “I don’t care. I just want to hear the best arguments for any kind of reserve.” I’m asking because I genuinely don’t know. What do people think are the best arguments in support of any kind of digital asset reserve? They can be for specific assets, all assets, classes of assets. I don’t care. I just want to hear the best arguments for any kind of reserve. — David “JoelKatz” Schwartz (@JoelKatz) March 3, 2025 One of the commentators suggested that perhaps a good argument in support of any digital asset reserve could be “helping to legitimize a sector that was stigmatized by government for years.” The X user then clarified: “I see this as as “back to neutral.” The Ripple CTO agreed with that, appreciating the suggestion: “This is actually a pretty good argument.” Related “Am I dreaming?!” – Ripple CTO on Hoskinson’s XRP tweet Earlier today, vocal Bitcoin critic and gold advocate Peter Schiff published a tweet full of puzzlement regarding Trump’s announcement…
Filed under: News - @ March 3, 2025 10:28 am