There has been a lot of speculation about XRP reserves; even Bitcoin Magazine has started crying that XRP should not become a reserve. I don’t understand why bitcoinists fear XRP more than Elon Musk’s favourite Dogecoin among altcoins.

Economically unlikely

     Ripple has established itself as a brand in the development of Central Bank Digital Currencies (CBDCs) through its dedicated platform; however, President Trump's recent executive order essentially prohibits the founding of CBDCs in the United States. Ripple's CBDC platform is powered by XRP; hence, Trump doesn't need it to power the US economy.

Politically impossible

     Ripple co-founder Chris Larsen actively endorsed anti-crypto candidate Kamala Harris during the presidential election. So, while there may not be a need for "bitcoin only" in the Cryptoverse, such as Bitcoin maxis, XRP is undoubtedly encountering criticism. Trump has also been getting rid of his opponents, so the idea that he will support their centralised tokens is absurd.

Originally published at Grill, and on Wubits