Coinbase CEO Brian Armstrong Says ‘Just Bitcoin’ the Best Option for US Crypto Strategic Reserve

Coinbase co-founder and CEO Brian Armstrong believes that the American Crypto Strategic Reserve that was not too long ago introduced by President Donald Trump should consist solely of Bitcoin (BTC).

On the social media platform X, Armstrong says that having “Simply Bitcoin” within the US Crypto Strategic Reserve “would in all probability be the most suitable choice.”

In line with the Coinbase CEO, Bitcoin is equipped with the “easiest and [clearest] Story as a successor to gold ”in comparison with different crypto property.

“If folks wished extra variation, you could possibly do a market-cap-weighted index of crypto-assets to maintain it unbiased.”

On Sunday, President Trump confirmed that the US will arrange a “crypto strategic reserve”, consisting of Bitcoin, Ethereum (ETH), XRP, Solana (SOL) and Cardano (ADA). Trump mentioned the reserve will assist to ‘elevate’ the crypto business, whereas promising to make sure that the US turns into the ‘crypto capital of the world’.

In line with the factitious intelligence of the White Home and Crypto Tsar David Sacks, extra details about the US Crypto Strategic Reserve can be supplied throughout the upcoming Crypto prime of the White Home, deliberate for March 7.

Within the midst of Armstrong’s place that Bitcoin ought to be the one digital energetic within the American crypto -strategic reserve, says Brad Garlinghouse, CEO of Ripple, that he’s joyful that Trump acknowledges that “we reside in a multichain world.”

Whilst you discover that “[Bitcoin] maximalism is the enemy of the [crypto] The progress of the business, ‘Garlinghouse says that he’ll proceed to defend multi-friendly coverage in Washington.

“I mentioned this earlier than – the crypto business will obtain our objectives (and past) once we work collectively. Price the imaginative and prescient of the crypto president Donald Trump on a digital consultant of the digital property of the business. “

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