Bitcoin should be the only crypto in the Strategic Reserve, or at worst ~90% of it.
Will need some transparency into how XRP, SOL and ADA were chosen, and who will directly benefit from those being purchased with taxpayer dollars.
Discussion
Bitcoin should not have been purchased with my tax dollars either.
Use the dollars to invest into the country not pump bags.
It wasnt, it was seized. I dont think they plan on buying any more. Yet
The beneficiaries are always the same and will remain the same.
It’s a fancy club and we’re not in it.
Just hodl bitcoin, sit back and watch the shitcoins implode
A rationally designed national reserve would be Bitcoin only. Possibly it could include small short positions in XRP, SOL, and ADA just for laughs, with a requirement that the proceeds be used to buy BTC.
It's already public info that Brad Garlinghouse bought a seat at the table; he needs that sweet exit liquidity because Ripple makes no money w/o dumping their premine. 🤷♂️
Welcome to the crime cycle, fam. 🤙
