US President Donald Trump’s announcement that they have created a new strategic crypto currency reserve, aroused a great impact on the market. In particular, the potentially involvement of the XRP was welcomed among crypto currency investors, while the debates on the loss of 32 thousand block of the XRP flared again. The ongoing transparency and reliability problems of XRP’s history came up again in this process.
XRP’s missing 32 thousand block debate
The claim that the first 32,570 block of XRP disappeared from public book records has been discussed in the crypto currency world for many years. David Schwartz, which formed the XRP Ledger in 2012, launched by Jed McCaleb and Arthur Britto, this deficiency leads to criticism of XRP on centralism and privacy. Blockchain experts argue that this loss is either a technical error or a deliberate intervention.
Bitcoin $92,371.32 Bitcoin Dad, a pro -analyst, made harsh criticisms about the subject:
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“The first 32,000 blocks are lost. This is either a technical deficiency or a conscious manipulation. A complete verification on the XRP book is impossible. ”
Ripple 
$2.65 CTO David Schwartz argued that the lost blocks were caused by a server failure and that there was no manipulation in the system. However, critics say that the lack of early records of XRP has a problem of trust. It is still unclear whether these losses have an effect on the token distribution.
Trump’s crypto currency reserve move
Donald Trump announced on the Truth Social Platform that they have created a new reserve system to be a global crypto currency center. This explanation, which had a great impact in the markets, caused significant fluctuations in the value of XRP and other Altcoins. While the XRP will be involved in this reserve, some experts think that it may have a long -term rise effect on the price.
Bitcoin supporters criticize the inclusion of XRP reserves. Economist Peter Schiff expressed his doubts about the subject with the following words:
“The reserve for Bitcoin makes sense; However, what does it mean to include XRP such a reserve? ”
These developments have led to new discussions on how the US will guide the crypto currency regulations and market dynamics. Crypto money market players closely follow how this reserve plan will be shaped in the future.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
