Balances Allak Bullak: Bitcoin Enemy Peter Schiff Attacked XRP, Cardano (ADA) Founder Charles Hoskinson Made XRP Statement!

The announcement by US President Donald Trump that they will create a US Strategic Cryptocurrency Reserve consisting of Bitcoin, Ethereum, Cardano, Solana, and XRP has caused a shock effect throughout the market.

The Bitcoin price saw a rapid recovery from the bottom of the dip, while the rises in altcoins were even more dramatic.

Ice is Melting Between Cardano and XRP

One of the most surprised by this development was economist Peter Schiff, known for his hostility towards Bitcoin and cryptocurrency. Schiff, in his statement, said that he relatively understood the idea of Bitcoin reserve, but especially couldn't understand the idea of XRP reserve, and criticized the XRP front.

Then, especially Charles Hoskinson, the founder of Cardano, who has a particularly bad relationship with the XRP community, made a truly unexpected move to Peter Schiff. In response to Schiff's remarks, Hoskinson said that the reason for adding XRP to the strategic reserve is that the coin has great technology, has become a global standard, has survived many tough cycles, and has one of the strongest communities. In addition, he added that by adding the reserve of XRP, the President of the United States made the right decision.

Hoskinson's response must have even surprised David Schwartz, Ripple's Chief Technology Officer, as Schwartz replied to Hoskinson with "am I dreaming" in response.