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Title: Pro-Crypto Lawyer Speaks up Against XRP Security Claims
As a prominent pro-crypto lawyer who publicly disclosed owning 80% of his net worth in Bitcoin and fought the SEC over the issue, John E. Deaton has recently spoken out against security claims made about Ripple’s XRP token.
In a tweet, Deaton expressed his concerns regarding XRP, stating that he would be “surprised” if Jason, another influential figure in the crypto space, maintains his stance on XRP unchallenged. This implies that Deaton believes there may be bias against the XRP token.
The issue at hand is not limited to XRP alone, as it has sparked a larger debate within the cryptocurrency community. The prospect of a national digital asset stockpile, which could potentially include Bitcoin and other cryptocurrencies like XRP, has raised eyebrows among many enthusiasts.
In recent times, there have been instances where prominent figures in the space have openly criticized XRP, with some even suggesting that it does not deserve to be included in any national digital asset reserve. This sentiment is predominantly echoed by Bitcoin maximalists who believe that their preferred cryptocurrency should be given precedence over others.
Deaton’s statement serves as a strong reminder of the ongoing controversy surrounding the inclusion of certain cryptocurrencies within the government-backed reserve.
Source: u.today
