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Cryptocurrency News Articles

Bitcoin Maxi Pierre Rochard Continues His Attack on Ripple, This Time Accusing the Fintech Company of Supporting the Creation of CBDCs

Feb 06, 2025 at 01:40 am

Bitcoin maxi Pierre Rochard has continued his attack on Ripple, this time accusing the fintech company of supporting the creation of CBDCs.

Bitcoin Maxi Pierre Rochard Continues His Attack on Ripple, This Time Accusing the Fintech Company of Supporting the Creation of CBDCs

Bitcoin maxi Pierre Rochard has continued his attack on Ripple, this time accusing the fintech company of supporting the creation of CBDCs.

In his latest post, Rochard shared evidence of an interaction between prominent crypto figures who discussed Ripple’s removal of information about CBDCs from its website after a particular campaign speech at the Nashville Bitcoin Conference in 2024.

Ripple deleted their pro-CBDC page after @realDonaldTrump speech at the Bitcoin Conference in Nashville, where he took a strong stance against CBDCs.

It’s important to note that this highlighted post is one of Rochard’s many attacks on Ripple since reports surfaced that XRP could become one of the cryptocurrencies the US would adopt into the current administration’s proposed crypto stockpile. The XRP critic has repeatedly made “damaging” posts, most of which the Ripple team has debunked over arguments.

Related: Ripple CTO Makes The Case For XRP Inclusion in Crypto Stockpile

The highlighted post followed a previous one connecting Ripple to USAID, with Rochard accusing both parties of promoting CBDCs in the past. The Ripple critic shared excerpts from a third-party’s post pointing out links with a few other projects that are working towards implementing a CBDC for the US.

Rochard’s Claims: Ripple and Decentralization

Essentially, Rochard aims to present Ripple as a project that doesn’t meet the criteria of an independent blockchain. He has repeatedly accused XRPL of lacking decentralization and being susceptible to manipulation by the Ripple team.

Rochard’s latest attack has yet to receive the Ripple team’s attention, as they hadn’t responded at the time of this writing. But, crypto community members expect a rebuttal from the Ripple team soon, or an explanation at the minimum.

Related: US Crypto Reserve Debate: Bitcoin or Altcoin Inclusion?

In the meantime, XRP’s price was unmoved by Rochard’s words. The cryptocurrency maintained its trajectory from the crypto market impact that followed the ongoing adjustments in international trade policies in the US. Recent political moves triggered significant market volatility, which led to a notable crash in stock prices and risk assets. The market recovered quickly before stalling midway as negotiations continued between the US and international trade partners regarding the new policies.

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Other articles published on Feb 06, 2025