Learn why XRP's strategic reserve can pose a threat to the network. Uphold's post on Ripple's flaws and the community's reaction. Ripple CEO's proposal for a multi-token strategic reserve.
Uphold trading platform has stirred up Ripple (XRP) community with a post sharing Anthony Georgiades’ interview. Georgiades highlighted fundamental flaws in XRP, warning that using XRP for strategic reserves could harm the network. He criticized Ripple’s centralized nature, suggesting governments won’t use this cryptocurrency for strategic reserves. After the interview, Uphold faced backlash from the Ripple community, with many deeming the post misleading. Notably, Ripple CEO Brad Garlinghouse proposed a multi-token strategic reserve idea including XRP. Currently, the likelihood of creating a Bitcoin strategic reserve in the US by 2025 is around 43%. Stay updated on digital currencies’ prices on the live prices page.
