Bitcoin: Saylor Shifts Stance, Backs Trump’s Multi-Crypto Strategy

Michael Saylor, long-time Bitcoin maximalist, surprised the crypto world by adopting a favorable stance towards including XRP and Cardano in the proposed U.S. national reserve by President Trump. In an interview given yesterday to CNBC, the co-founder of Strategy stated that this diversification would be beneficial for both Bitcoin and the entire U.S. crypto ecosystem.

Saylor now supports a diversified approach to cryptos

The co-founder of Strategy, Michael Saylor, expressed yesterday during an interview with CNBC his support for Donald Trump’s proposal to include XRP and Cardano in the national cryptocurrency reserve.

During this interview, the famous Bitcoin maximalist surprised observers by stating that this diversification was “bullish for bitcoin and the entire U.S. crypto industry“.

For Saylor, what matters most is the adoption of a liberal economic policy towards digital assets by the United States. The Executive Chairman of Strategy emphasized that this progressive approach could represent a $100 trillion opportunity for the country, benefiting the entire crypto sector.

This turnaround is all the more surprising as Saylor had previously referred to XRP as an “unregistered security” and had even welcomed the SEC’s crackdown on this asset and other altcoins.

Saylor’s evolving position seems to reflect a pragmatic recognition of the growing role that these altcoins are now playing in the U.S. crypto ecosystem, although this interpretation remains speculative at this stage.

An announcement that divides the crypto community

Last Sunday, Donald Trump officially announced his plan for a national cryptocurrency reserve, which would now include Bitcoin, Ethereum, XRP, Solana, and Cardano. This announcement propelled the crypto market upwards, wiping out the losses accumulated at the end of February with a 20% increase in total capitalization in just 48 hours.

Despite the general enthusiasm of the markets, many key figures in the sector remain skeptical about the inclusion of altcoins in a national reserve. Tyler Winklevoss, co-founder of Gemini, stated that XRP, Solana, and Cardano did not meet the requirements for a strategic reserve, believing that only Bitcoin was suitable for such a project.

Even Peter Schiff, a notorious critic of bitcoin, exceptionally acknowledged the digital gold properties of this cryptocurrency while questioning the relevance of including XRP in the U.S. reserve. Naval Ravikant, for his part, expressed his concerns by stating that “the American taxpayer should not serve as exit liquidity for allegedly decentralized cryptos“.

This presidential initiative undeniably marks a turning point in U.S. policy towards cryptocurrencies, but also raises crucial questions about the future management of these assets and the regulatory implications that will follow. The coming weeks should provide clarifications on this project that could redefine institutional crypto adoption on a global scale.