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If Choosing XRP Instead of Bitcoin, Michael Saylor's Assets Would Have Doubled
After the price of XRP rose to the sky, many opinions suggest that Michael Saylor – the founder of MicroStrategy – has missed out on a great opportunity by only focusing on Bitcoin. According to estimates from former RippleX engineer Matt Hamilton, if Saylor chooses to invest in XRP instead of Bitcoin, the value of his portfolio could potentially double. In addition, Mr. buying XRP may further push the price of this token to rise to the sky due to the media effect, while the demand for Bitcoin may decrease.
Strong Opposition from Analysts However, Christopher Inks from TexasWest Capital completely dismissed the possibility that Saylor ever considered XRP.
He affirmed: "No sane CEO would want to be involved with such a toxic asset at that time." According to Inks, most of Saylor's investments occurred just as XRP was embroiled in a lawsuit with the SEC and was banned from trading on many major exchanges in the US, making investment impossible. He also emphasized that Hamilton's comparative analyses between XRP and Bitcoin are "meaningless" and contextually misleading. Has Saylor Changed His Perspective? In the past, Saylor once stated that XRP "is clearly an unregistered security" and firmly defended his pro-Bitcoin position. But recently, he has shown signs of being more lenient in supporting the idea of a "multi-token national reserve," which includes XRP. Although there is no confirmation of a change in stance, this move raises many questions: is Saylor reconsidering the role of XRP in the digital currency ecosystem?