Just days after Donald Trump announced plans to add XRP, Solana, and Cardano to the U.S. Strategic Crypto Reserve, doubts are emerging about whether XRP and ADA will actually make the cut. โ๐
๐น Why Is the U.S. Unlikely to Buy XRP & ADA?
๐ก Farcaster co-founder Dan Romero predicts that the U.S. wonโt buy crypto from the market but will only use seized assets for its reserves.
๐ก Almost half of all XRP is still controlled by Ripple, meaning a government purchase could be seen as public money benefiting a private company.
๐ก Congress is unlikely to approve a law requiring the government to buy altcoins like ADA or XRP.
๐ก Bitcoin (BTC) could make up 80% of the crypto reserve, with altcoins only included through tax payments or donations.
โก The Market Reacts: Gains Wiped Out
Following Trumpโs announcement, XRP, SOL, and ADA pumped, but after Romeroโs comments, all gains disappeared, including those for BTC and ETH. ๐๐จ
๐ฅ Samson Mowโs Warning to Trump
๐น Samson Mow, CEO of Jan3, criticized the idea of adding altcoins, calling it a reckless move that could turn the reserve into a speculative gamble.
๐น He argues the reserve should focus on Proof-of-Work (PoW) coins like BTC, LTC, and XMR, since they are less speculative than altcoins.
๐ The Strategic Reserve Debate: Speculation vs. Stability
๐ธ A strategic reserve should be stable, not speculative. ๐ฐ
๐ธ Gold is the worldโs ultimate reserve asset because it holds value regardless of market conditions. ๐
๐ธ Bitcoin is often called โdigital gold,โ making it a logical addition to the reserveโbut altcoins remain highly volatile.
๐ Current U.S. Crypto Holdings
โ The U.S. already owns ~200,000 BTC from DOJ seizures.
โ At $16.5 billion, BTC makes up only 3.5% of the U.S. gold reserve.
โ If the crypto reserve is only based on seized assets, the U.S. might never buy more BTC, let alone XRP or ADA.
๐ Whatโs Next?
๐น March 7โs White House Crypto Summit could bring more clarity on the reserveโs final structure.
๐น If Congress blocks altcoin purchases, we might see XRP and ADA struggle to recover.
๐ฌ Do you think the U.S. should hold XRP and Cardano in its crypto reserve? Or should it stick to Bitcoin only? Drop your thoughts below! โฌ๏ธ๐ฅ
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