Co-founder Anatoly Yakovenko, co-founder of Solana (SOL), opposes the idea of the US who sets up a strategic reserve of Crypto.
In a message on the social media platform X, Yakovenko quotes why he does not support Donald Trump’s decision to create a national reserve of digital assets, a movement that, according to the president, will ensure that the US becomes the ‘crypto capital of the world’.
“My reserve order of preference:
No reserve, because if you want decentralization, you would lead the government about it.
Or Staten run their own reserve like a hedge against the Fed that makes a mistake.
Or if there must be a reserve, it is based on objectively measurable requirements. I don’t care what they are, they can even be constructed so that only Bitcoin now satisfies them, they just have to be objectively measurable and rational justified. If there is a target to beat, the Solana Ecosystem will get it done. “
Yakovenko shares his concern after Trump’s explanation that next to Bitcoin (BTC) will include the Solana, Ethereum (ETH), XRP and Cardano (ADA) reserve.
Yakovenko says that he has not asked Sol to be part of the reserve in the midst of reports that the blockchain payment company Ripple Ripple threw the recording of Solana to strengthen the legitimacy of XRP as a spareboard.
“Nobody asked me, and I didn’t throw it.”
According to the White House AI and Crypto Tsar David Sacks, Trump signed an executive order on Thursday to set up a strategic Bitcoin reserve and to create an American digital assets stock consisting of crypto -assets, excluding Bitcoin, which were forfeited in criminal or civil procedures.
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Generated image: midjourney