Bitcoin (BTC) is moving towards new records, with experts optimistic about its future. A recent executive order signed by Donald Trump, the President of the United States, to create a government Bitcoin reserve, is a key factor driving this growth and excitement in the digital currency world, especially among Bitcoin enthusiasts. Meanwhile, Ripple (XRP) has faced significant criticism on social networks. Pierre Rochard, Deputy Head of Research at Riot Platforms, claims that the main challenge to the Bitcoin Strategic Reserve (SBR) is not the Federal Reserve or banks, but Ripple. He alleges that Ripple has spent millions on lobbying against SBR to prevent undermining its marketing goals and promote Central Bank Digital Currencies (CBDCs). Rochard also accuses Ripple of trying to undermine Bitcoin mining during the Biden administration and officially engaging in a war against Bitcoin’s strategic reserve. In response, Brad Garlinghouse, CEO of Ripple, refutes these claims, stating that Ripple’s actions will benefit the creation of strategic reserves for digital currencies, including Bitcoin, aligning with the US government’s goals to support domestic companies and technologies.
