Charles Hoskinson, the creator of Cardano, recently responded to rumors about XRP and HBAR being included in the national cryptocurrency reserve plan under the Donald Trump administration. š® The rumors came after a baseless claim from a member of the Hedera community that the Trump team planned to include Bitcoin, XRP, and HBAR in the reserve. š°
Hoskinson immediately denied the speculation, saying that if there was a strategic reserve, it would only include Bitcoin. š« Many in the crypto community have differing opinions, with some supporting Hoskinson and others doubting his intentions, given that Cardano was not included in the plan. š¤
Meanwhile, Arthur Hayes, the co-founder of BitMEX, also provided a skeptical analysis of the possibility of a national cryptocurrency reserve. š He emphasized that the governmentās current focus is more on funding social programs, rather than on creating a Bitcoin reserve. šļø
However, there is news that Trump wants to eliminate capital gains taxes for cryptocurrencies developed in the US, which could have a positive impact on the market even if a Bitcoin reserve does not materialize. š So, keep an eye on this development! š
