
Coinbase CEO Brian Armstrong has championed a Bitcoin-only strategic reserve for the United States, calling it the most effective option following President Donald Trump’s proposal to include Ripple (XRP), Solana (SOL), and Cardano (ADA) alongside Bitcoin and Ethereum.
In a recent post on X, Armstrong emphasized that Bitcoin is the “best choice” for the U.S. and stated, “Just Bitcoin would probably be the best option – simplest, and clear story as successor to gold.”
This suggestion came after a discourse with White House’s AI and Crypto Czar David Sacks, where Armstrong outlined his vision for structuring a national cryptocurrency reserve.
Could this endorsement sway national discussions about how the U.S. should approach cryptocurrency holdings? Only time will tell.
Bitcoin Rallies 20% As Trump Reveals Plan For Strategic Reserve
Bitcoin saw a price surge following Trump’s announcement of a new Crypto Strategic Reserve, reflecting his commitment to establish the U.S. as the “Crypto Capital of the World.”
Trump’s announcement has been praised by many in the cryptocurrency community, including Sacks, who commented on the significance of the President keeping his promise.
The Cardano community welcomed this initiative, calling it an exciting moment for the industry.
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This is an exciting period for cryptocurrency enthusiasts, with many anticipating the potential impact of these developments.