Crypto fans are happy Elon Musk is in the oval office because he talks to directly to the POTUS. Do we believe it when they say they will deregulate crypto. We will see improvements. In politics expect the goal to change. If Elon sticks to playing the role of a puppy dog barking about crypto it should be enough.

I heard the news about the US adding Cardano to their crypto strategic reserve list last year through a Tweet by a reputable influencer ever since Charles Hoskinson had a meeting with an unnamed VIP in Florida and was also considered for a crypto-related position in the US government. So, Trump adding Cardano and XRP to the list is not something we shouldn't see before coming, but what I am more concerned about now is the alleged statement by the XRP CEO lobbying to stop Bitcoin reserve in the US.

Ripple is undermining American prosperity and freedom. This Jack Maller is very much full of drama which is becoming very clear already that it is also becoming a comedy. He is the dramedy king of the cryptospace hehehheh. Also, it is not very shocking that this dramedy king is a bitcoin maximalist who is always angry at anything or anyone that is not bitcoin or who is not a bitcoiner. People like this do not anymore live in the real reality. I say to these people to only be happy and stop taking themselves very much serious.


It appears that you are very much correct!

Also, change of title heheheheheheheheheheheheheeeee.

Going by the content of the tweet attached to this post, it's obvious that XRP CEO isn't just lobbying to stop the Bitcoin strategic reserve plan that's already been made public by US president Donald Trump but also wants the most powerful man on the planet to rather turn to his attention to his own project XRP as the main digital asset to reserve which will definitely increase the value in the market. I don't even think his move to stop Bitcoin reserve is going to happen, not when Trump already understands the higher importance of Bitcoin when compared to other digital assets

You would understand his stands from that statement. As a president of a nation like the US, where many nations use both the dollar and gold for a standard/reserve currency and store of value respectively, it would be a bit odd not to put the dollar ahead of Bitcoin or make statements that would undermine the dollar. So you would understand how and why he had to take such stands towards the dollar and Bitcoin. He didn’t really speak bad of it, he just made sure the dollar came first and pointed out the need by government to regulate the use of Bitcoin which is almost impossible outside centralized systems that exists within the cryptospace.

Is crypto’s ‘Trump effect’ short-lived?
https://cointelegraph.com/news/crypto-trump-effect-short-lived
A post-inauguration cooldown wasn’t unexpected, one analyst told Cointelegraph, but if Trump’s promises stall, “market sentiment will dampen further.”
Many in the crypto community believed that US President Donald Trump’s second-term election would send Bitcoin prices skyrocketing, and it did — from $69,374 on Election Day (Nov. 5) to a record $108,786 when the new administration took office on Jan. 20.But since that time, the price of Bitcoin BTC $88,167 has mostly fallen, dropping below $80,000 on Feb. 28 — a 26% decline.

I'm skeptical about his support being free from personal profit motives. Trump is known to be a man who use to consider every support as a part of  deal thus, based on this fact,   there is a fair question: what is the deal in this case, particularly regarding the inclusion of both Cardano and XRP in the national reserve?.  I wouldn't be surprised if his wallet, or the wallets of his sons, wil eventually hold  a significant amount of those coins ^{that seemingly appeared "from nowhere'"}.

What is expected from politicians they are free to do anything when they have the power they want as well as Trump because after all what he did during the candidacy period was actually just a form of sympathy to attract attention and I think many have said this before so don't be too strange when he talks about things that are even different from the vision and mission he wanted to do before taking office.

Politicians are still politicians even though they try to make a breakthrough as if they support bitcoin in the end the situation is still the same where they will try the same situation as if in line with bitcoin or crypto but on the other hand have their own intentions for their own benefit. And when that has been obtained then they will look for other benefits so in this case it is very wrong from the start to expect more from the government because after all they also do their job for their own interests regardless of how disgusting or not.

May be the case too.

Or it's just the fact that these coins that are piled up are more susceptible to some action from behind that Trump would gladly use or do.

We will see