The debate about how the government wants to implement the digital asset stockpile has begun.
In March 2023, a digital asset stockpile was included in President Donald Trump's executive order on advancing cryptocurrency development in the United States. This initiative has sparked discussions within the crypto community about the government's approach to the matter.
While discussing the Strategic Bitcoin Reserve (SBR) in a recent tweet, Riot Platforms CEO Pierre Rochard, a strong Bitcoin supporter, highlighted an interesting dynamic. According to Rochard, Ripple is heavily lobbying against the SBR, spending “$millions” on politicians to achieve this goal.
However, Ripple CEO Brad Garlinghouse quickly responded to Rochard's statement, emphasizing that Trump's campaign شعارات الأصلية centered around supporting American companies and technologies. He suggested that Ripple's efforts align with these شعارات الأصلية and ultimately increase the chances of a crypto strategic reserve that includes Bitcoin.
This interaction highlights the differing perspectives within the crypto community regarding the government's role in the digital asset landscape. While some, like Rochard, advocate for Bitcoin's exclusive adoption by the government, others, particularly those involved in US-based projects, are pushing for inclusivity.
President Trump's crypto executive order also mandates the formation of a crypto working group to finalize policy details, including a tailored regulatory framework for the cryptocurrency industry. Until the working group releases its recommendations, members of the crypto community may continue debating the government's implementation of the digital asset stockpile program.
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