Top Analyst Blames Ripple CEO, Claims XRP Is Not Suitable For US! Here's Why…
Willy Woo claimed that XRP is not suitable for a strategic reserve, especially in the US.
While reserve studies continue in the US, there is a lot of talk about including XRP in the national reserve, in addition to Bitcoin (BTC).
At this point, Ripple CEO Brad Garlinghouse emphasized that if a government-backed digital asset reserve is to be created, it should reflect the entire crypto ecosystem through diversification rather than supporting a single token such as Bitcoin or XRP.
Another famous name also stated that XRP has more advantages compared to Bitcoin and said that XRP should definitely be included in the US national digital asset reserve.
Interesting XRP Release from Willy Woo!
While XRP has emerged as the strongest reserve asset after Bitcoin, famous analyst Willy Woo claimed that XRP is not suitable for a strategic reserve, especially in the US.
Woo went a step further and accused the Ripple CEO of undermining the national reserve debate.
Comparing XRP to Bitcoin, Woo argued that Bitcoin is a geopolitically neutral asset, similar to gold, and is a more suitable asset for reserves.
According to Woo, Bitcoin’s decentralized nature ensures its applicability in global reserves, a feature that XRP lacks.
Woo, in an effort to emphasize that he was right in his claims about XRP, asked, “Which countries would trust US-controlled XRP in a strategic reserve?”
Responding to the Ripple CEO's post, Willy Woo said:
“Dear CEO of XRP living in the US, if the strategic reserve needs to be run, can you tell me which countries will buy US-controlled XRP?
BTC is a geopolitically neutral asset like Gold. You are making people believe that XRP is a strategic reserve asset.”
Dear CEO of XRP, living in the US, tell me which countries would buy US-controlled XRP if the strategic reserve needed to be put to work.
BTC is a geopolitically neutral asset like Gold. You’re gaslighting people into thinking XRP is a strategic reserve asset.
— Willy Woo (@woonomic) January 29, 2025
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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