Unchained Which Crypto Assets Belong in a Reserve? This VC Says Not XRP and ADA - Ep. 796
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Mar 7, 2025 
David Nage, a VC at Arca with deep insights into crypto investments, discusses the latest market tumult sparked by Trump's controversial posts about a crypto reserve. He critiques the inclusion of Cardano and XRP, favoring Bitcoin as a prime candidate for national reserve status. Nage also shares skepticism about the guest list at the White House Crypto Summit, suggesting it's skewed toward centralized interests. With ongoing market struggles, he explores possible catalysts for recovery and the intersections of politics with digital assets.
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Crypto's Evolution
- The digital asset space has evolved from being ignored to being actively discussed and even used by politicians.
- Despite advancements, the industry needs to refocus on the core value proposition of digital assets.
Cardano and XRP Analysis
- David Nage analyzed Cardano and XRP for potential inclusion in a reserve, considering their market penetration and usage.
- He found limited activity in both ecosystems despite Cardano's focus on security and XRP's focus on payments.
XRP's Centralization
- XRP's focus on cross-border payments and partnerships with traditional finance companies is noteworthy.
- However, certain centralized features of XRP raise concerns about its decentralization.