The Bitcoin community is criticizing Ripple for advocating a multi-coin strategic reserve in the US instead of a Bitcoin-only reserve, sparking heated debate within the crypto space.

Bitcoiners have accused Ripple of being the “biggest obstacle” to a US Strategic Bitcoin Reserve due to it actively promoting the inclusion of multiple coins

Bitcoiners are slamming Ripple over its advocacy for a multi-coin strategic reserve in the US, accusing the company of being the “biggest obstacle” to a Bitcoin-only reserve.

On Jan. 16, The New York Post reported that former President Trump is receptive to the idea of setting up a strategic reserve comprising US-based stablecoins such as USD Coin (USDC) and Solana (SOL), as well as XRP.

The idea, largely supported by Ripple CEO Brad Garlinghouse, has spurred a major debate in the community, with many urging that no other coin than Bitcoin has a place on the US government’s balance sheet.

Many in the community have joined the discussion on whether the US should create a multi-asset crypto reserve, with Bitcoiners slamming Ripple for supporting a diversified crypto reserve.

“The US needs a Strategic Bitcoin Reserve, not a Strategic Crypto Reserve,” Bitcoin advocate Wayne Vaughan wrote on Twitter on Jan. 23. He added:

“A Strategic Bitcoin Reserve will help secure the dollar, fund pensions, and protect Americans from inflation. A Strategic Crypto Reserve will line the pockets of lobbyists.”

Vaughan went on to state that Bitcoin is the only cryptocurrency that is decentralized, sound money, and has a fixed supply, concluding that other coins are “shitcoins.”

Bitvolt CEO Nico Moran also slammed Ripple, echoing Rochard's remarks and stating that the company is “deliberately working against the US Bitcoin Strategic Reserve initiative, prioritizing their own interests over the well-being of the American people.”

Moran further noted that while many in the Bitcoin community are engaged in the initiative to create a US Bitcoin Strategic Reserve, “some parties are actively lobbying against it.”

“They are afraid of Bitcoin's success and want to insert their own centralized shitcoins into the narrative,” Moran wrote.

Moran concluded his thread by stating that the initiative to create a US Bitcoin Strategic Reserve is “bigger than any individual or company,” and that everyone's support is needed to make it a reality.

“Let's put America first and get Bitcoin on the US balance sheet,” he wrote.

Related: Trump signs order banning CBDC development in US, enabling national digital asset stockpile

Meanwhile, Messari CEO Ryan Selkis also criticized Ripple's political ties and its push for XRP as an asset on the US balance sheet.

“I didn’t donate $12 million to Kamala or cost the GOP three additional Senate seats like Ripple did,” Selkis wrote, adding:

“And I sure as hell didn’t personally lobby the Trump administration to put XRP on the US balance sheet,rofl.”

Independent journalist Efrat Fenigson joined the growing criticism of Ripple, referring to a “love story” between Ripple and CBDCs.

She emphasized that Ripple's lobbying against Bitcoin reserves is evident in the context of Ripple's support of centralized money and CBDCs over Bitcoin's freedom.

“As the president signs an order banning Federal Reserve CBDCs and enabling a national digital asset stockpile, the story unfolds,” Fenigson wrote, adding:

“A tale of two assets: one seeking freedom from centralized money, the other a love story with CBDCs.”

The news came amid Trump signing an executive order banning CBDC development in the US and creating a national digital asset stockpile on Jan. 23.