{"id":16550,"date":"2025-03-06T18:16:53","date_gmt":"2025-03-06T18:16:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16550"},"modified":"2025-03-06T18:16:53","modified_gmt":"2025-03-06T18:16:53","slug":"did-michael-saylor-just-back-xrp-before-march-7-crypto-summit-ripples-50m-initiative-to-convert-normies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16550","title":{"rendered":"Did Michael Saylor Just Back XRP Before March 7 Crypto Summit? Ripple\u2019s $50M Initiative To Convert Normies"},"content":{"rendered":"<div>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Michael Saylor, the MicroStrategy chief and <a href=\"https:\/\/clickoutmedia.slack.com\/archives\/C06UFDGRK1R\/p1741180823809729\" target=\"_blank\" rel=\"nofollow\">Bitcoin evangelist<\/a>, is stepping into the White House Crypto Summit hand in hand with friends at XRP.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Hosted by Trump and presided over by crypto czar David Sacks, the summit is expected to chart the <a href=\"https:\/\/clickoutmedia.slack.com\/archives\/C06UFDGRK1R\/p1741180823809729\" target=\"_blank\" rel=\"nofollow\">future of digital assets<\/a> in America. Central to the agenda are plans for a US Bitcoin reserve and the contentious debate over altcoin endorsements, setting the stage for a battle over which coins deserve the spotlight.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_67c9e68403d20\" data-coin-id=\"xrp-ripple\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_67c9e68403d20-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_67c9e68403d20-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67c9e68403d20-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67c9e68403d20-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67c9e68403d20-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_67c9e68403d20-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_67c9e68403d20-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_67c9e68403d20-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_67c9e68403d20-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_67c9e68403d20-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_67c9e68403d20-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_67c9e68403d20-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">20+ Next Crypto to Explode in 2025\u00a0<\/a><\/strong><\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Bitcoin or XRP at the Core of the Reserve?<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Ahead of the summit, Saylor doubled down on his belief that Bitcoin should lead the way. He told Fox News that BTC is decentralization and issuer-free nature makes it unmatched as a reserve asset.<\/p>\n<p>\u201cThe important thing to keep in mind is Bitcoin is the one universally agreed upon foundational asset in the entire crypto economy because it\u2019s the asset without an issuer,\u201d Saylor said. \u201cIt\u2019s neutral. 99% of the energy and the capital has flown into that one.\u201d<\/p>\n<figure id=\"attachment_212681\" aria-describedby=\"caption-attachment-212681\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-212681\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596-1024x1024.jpg\" alt=\"\" width=\"1024\" height=\"1024\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596-1024x1024.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596-300x300.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596-150x150.jpg 150w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596-768x768.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596-148x148.jpg 148w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596-64x64.jpg 64w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596-50x50.jpg 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/1741222443680596.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-212681\" class=\"wp-caption-text\">(<a href=\"https:\/\/x.com\/AfroReporter\" target=\"_blank\" rel=\"nofollow\">X<\/a>)<\/figcaption><\/figure>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Saylor has championed Bitcoin as \u201ccyberspace property.\u201d Furthermore, he noted that it offers a secure asset that could solidify America\u2019s position as a global financial leader. He believes Bitcoin\u2019s scarcity and lack of centralized control uniquely positioned it to serve as the backbone of a US digital asset reserve.<\/p>\n<p><strong>Discover:\u00a0<a href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\">The 12+ Hottest Crypto Presales to Buy Right Now\u00a0<\/a><\/strong><\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Debate Over Altcoins Like XRP and ADA Sparks Controversy<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">What began as a reserve featuring XRP, Solana, and Cardano quickly turned divisive, as critics like Michael Saylor pushed back on the inclusion of altcoins, calling them high-risk distractions. Ripple\u2019s Brad Garlinghouse took to X to defend the choices, touting cooperation over \u201cmaximalism.\u201d Even so, skeptics argue betting on assets like XRP risks undermining the initiative\u2019s credibility.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Donald Trump posted two articles about ripple on TruthSocial back to back <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f440.png\" alt=\"\ud83d\udc40\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Link <a href=\"https:\/\/t.co\/oLJ6alv3Qd\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/oLJ6alv3Qd<\/a> <a href=\"https:\/\/t.co\/cxulCNRiQ8\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/cxulCNRiQ8<\/a><\/p>\n<p>\u2014 \ud835\uddd5\ud835\uddee\ud835\uddfb\ud835\uddf8XRP (@BankXRP) <a href=\"https:\/\/twitter.com\/BankXRP\/status\/1892042491739677081?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Yet Saylor appears to have softened his view on XRP. \u201cI think that digital XRP is attached to a company, Ripple. Those are tokens,\u201d Saylor explained. \u201cWe should have a regulatory framework to allow them to be issued.\u201d<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">The White House Crypto Summit has a stacked roster\u2014Coinbase\u2019s Brian Armstrong, Crypto.com\u2019s Kris Marszalek, Robinhood\u2019s Vlad Tenev, and Paradigm\u2019s Matt Huang are all slated to join.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Saylor highlighted the importance of clarity and transparency during the summit. \u201cThe administration must define a clear regulatory framework before making any large purchases,\u201d he asserted. He also discussed the Alumnus Bill, which proposes a four-year plan to acquire one million Bitcoin for the reserve in a deliberate, progressive manner.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Questions Linger Over US Crypto Policy<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">While the summit generates plenty of hype, controversy surrounds the decision to include tokens like XRP, SOL, and ADA. Detractors argue it\u2019s more about propping up token insiders than shaping a serious reserve.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Commerce Secretary Howard Lutnick offered a vague explanation, emphasizing Bitcoin\u2019s role in a strategic reserve while leaving the treatment of other tokens ambiguous.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">The White House Crypto Summit could be a gamechanger or just another talk shop, but either way, it\u2019s a tipping point for U.S. crypto policy. Furthermore, Saylor sees the moment as a chance to legitimize Bitcoin. On the other side, Ripple and its allies are angling for a broader, more collaborative system. It\u2019s sure to be a real knife fight.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/xrp-price-jumps-11-after-sec-crypto-unit-tease-xrp-etf-progress\/\" target=\"_blank\" rel=\"noopener\">XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Michael Saylor, the MicroStrategy chief,\u00a0is stepping into the White House Crypto Summit hand in hand with friends at XRP.     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Ahead of the summit, Michael Saylor doubled down on his belief that Bitcoin should lead the way.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Yet Saylor does argue that XRP deserves a seat at the table.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/did-michael-saylor-just-back-xrp-before-march-7-crypto-summit-ripples-50m-initiative-to-convert-normies\/\">Did Michael Saylor Just Back XRP Before March 7 Crypto Summit? Ripple\u2019s $50M Initiative To Convert Normies<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor, the MicroStrategy chief and Bitcoin evangelist, is stepping into the White House Crypto Summit hand in hand with friends at XRP. Hosted by Trump and presided over by crypto czar David Sacks, the summit is expected to chart the future of digital assets in America. Central to the agenda are plans for a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16550","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16550"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16550\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}