Trump’s Crypto Plan Sparks Rift Between Bitcoin Maxis and XRP Supporters
Bitcoin maximalists are getting roasted for ripping apart Donald Trump’s plan to include multiple cryptocurrencies—including XRP and Ethereum—in a strategic reserve.
Pro-XRP lawyer Bill Morgan took to social media to call out Bitcoin-only fans, saying their reaction is shortsighted and ungrateful.
“For eight years or more the crypto industry was under attack and now we have the most powerful leader in the world promoting innovation not choking it,” Morgan said.
He also busted some common XRP myths, debunking the idea that XRP is created “out of thin air”. Morgan highlighted the finite supply of XRP, the escrow controlled release mechanism and the gradual decrease of Ripple’s holdings—a complete opposite of what the critics are saying about centralized control.
🚀 Trump’s Bold Crypto Move: What It Means for You! 🚀
Donald Trump is making waves in the crypto world, hinting at a US Bitcoin reserve! Could this be a game-changer for Bitcoin’s future? 📈
🔍 What’s in the blog?
✅ Trump’s stance on crypto & regulation
✅ The potential…— Xcoins (@realxcoins) March 4, 2025
Bitcoin Maxis Reject XRP, ETH, SOL, and ADA in Reserves
Despite Trump being pro-crypto, Bitcoin purists like Peter Brandt and Tyler Winklevoss are still thinking a multi asset reserve is a bad idea and that only Bitcoin should be the sovereign digital asset.
Peter Brandt: “Trump just destroyed his credibility for supporting anything more than Bitcoin”
Tyler Winklevoss: Neutral on XRP, Solana and Cardano but they don’t meet the standards for a strategic reserve.
Brian Armstrong (Coinbase CEO): A Bitcoin only reserve would be the easiest solution but a market cap weighted index could be an alternative if diversity is required.
Meanwhile longtime Bitcoin critic Peter Schiff asked what’s the case for XRP:
“I get the logic for Bitcoin as a reserve asset. I don’t agree but I understand. But why XRP?”
Crypto Community Divided Ahead of White House Summit
Trump’s move has exposed deep cracks in the crypto community, with Bitcoin maximalists wanting exclusivity and XRP and Ethereum fans wanting diversity in crypto reserves.
The Trump-tech alliance is facing its first significant strain, and it’s due to the controversial stance on cryptocurrencies.
Crypto as a Campaign Asset: President Donald Trump had counted on crypto executives and investors for a substantial portion of his 2024 campaign funds.… pic.twitter.com/y7C66Up7Mh
— Wind Info (@WindInfoUS) March 4, 2025
Proponents argue: XRP’s efficiency, adoption, and real-world use cases justify its inclusion.
Critics counter: Only Bitcoin meets the security and decentralization standards for a reserve.
This comes before the White House Crypto Summit on March 7 where Trump will be defining his crypto policies. The event will have investors, industry leaders and policymakers to talk about US’ role in shaping global crypto adoption.
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