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Ripple Slammed As The ‘Biggest Obstacle’ For US Strategic Bitcoin Stockpile; CEO Brad Garlinghouse Responds

  • The Bitcoin community is angry with Ripple for endorsing a multi-asset strategic reserve in the United States instead of a Bitcoin-only reserve.
  • Ripple is accused of being the 'biggest obstacle' to a national U.S. Bitcoin due to its push for the inclusion of several coins, including XRP.
  • Ripple's involvement in establishing central bank digital currencies (CBCDs) and lobbying efforts have drawn criticism.
  • CEO Brad Garlinghouse defends Ripple's approach, stating that it aligns with the administration's focus on supporting American companies and technologies.

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