Only Bitcoin Deserves To Be In Crypto Reserve: Gemini Founder

5 months ago 22

While Donald Trump announces strategical crypto reserve with assets including BTC, ETH, SOL, ADA, and XRP, Cameron Winklevoss – a salient crypto persona and co-founder of Gemini speech – asserts that Bitcoin is the lone plus that qualifies to beryllium successful strategical reserve.

In his latest X post, Winklevoss expresses his views connected Trump strategical reserve, noting “Bitcoin is the lone plus that meets the barroom for a store of worth reserve asset.” He said that possibly Ethereum could suffice too integer lipid and integer gold, but wide it’s a precise precocious barroom for different crypto assets that person been included successful the reserve list.

While I’m excited astir a Strategic Reserve, I was amazed by the integer assets being contemplated. Bitcoin is the lone plus that meets the barroom for a store of worth reserve asset. Maybe Ethereum. Digital golden and integer oil. Which mirrors America’s carnal reserves of gold…

— Cameron Winklevoss (@cameron) March 3, 2025

The crypto entrepreneur argued that different crypto assets (SOL, XRP and ADA) could beryllium included successful government’s holding but not via straight buying it from secondary markets but lone if acquired done seizures.

“If the authorities happens to travel into possession of different integer assets (e.g., XRP, ADA, oregon SOL) done seizure, forfeiture, etc” helium said, “I deliberation this benignant of stockpiling would beryllium good and it’s overmuch antithetic than actively acquiring these assets successful the unfastened market.”

The remark from Winklevoss comes amid expanding treatment connected altcoins successful nationalist crypto reserves too Bitcoin. He believes that among each crypto assets, lone Bitcoin deserves to beryllium successful the database arsenic it reflects characteristics of a existent store of worth asset.

U.S. president Donald Trump announced the Strategic Crypto Reserve connected Sunday and the crypto assemblage has been acceptable connected abuzz since with respective manufacture leaders debating whether his determination to see SOL, XRP and ADA is rightful oregon not.

Popular traders and investors are criticizing Solana (SOL), XRP and Cardano (ADA) for having done thing important to beryllium placed beside Bitcoin successful the reserve.

The archetypal tokens named for the “Crypto Strategic Reserve:$XRP – virtually nary 1 uses but insiders to dump connected retail aft lockup period. $ADA – No 1 uses and Founder mightiness beryllium connected the Epstein list. $SOL – Used to perpetrate pump and dump memecoin fraud.

— Magoo PhD (@HodlMagoo) March 2, 2025

Also Read: What is US Crypto Reserve and tin it beryllium Bullrun 2025 catalyst?

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