4 Unanswered questions about Trump Cripto Reserve

At Bitcoin conference in Nashville in July, Donald Trump promised to create a “Strategic National Bitcoin Reserve.”

Until Sunday morning 2. Marta, that reserve also included ether (ETH), KSRP, Solana (Sol) and Cardano (Ada) next to Bitcoin (BTC).

Trump Message of truth He said his presidential working group moved forward to creating a larger scope of Cripto Reserve, set fire to a Torrent of Feedback From the entire crypto community.

Much complain that’s a reserve Don’t stick only for bitcoin. Others asked if we should be Handpiling Token Like XRP and Cardano in general. Others wondered what may have changed the Trump’s mind.

Trump said he wanted to do us “crypto capital of the world” and his timing seemed to be aiming for a retailer. “I like genius to announce strategic reserve, when traditional markets are closed and sleeping Wall Street. For the first time, retail investors conquer,” Tweeted Trump’s son, Eric Trump, Sunday night.

Property prices have taken almost immediately Ada estate Special. However, we don’t know much about the “CRIPTO strategy reserve”.

The Trump on Sunday Sunday morning was the first time the administration said it would be five funds to be in the portfolio. In addition, the details are sketched. Here are great questions.

1. Is it serious?

The United States has already possessed more than 200,000 BTC, he claimed through seizures. Experts say that this could be the basis for the National Reserve without approval of Congress. But the more coin reserve would certainly require a Congress to bring legislation.

The Vioming Senator Cinthia Lummis proposed legislation that would see the Law of 20,000 BTCs and 20,000 more BTC in each of the next four years to enter American stocks to a million BTC. The views of Lummis on the current cut reserves with multiple coins are not known. She planned to meet with leaders in the industry to talk Thing 11. Marta. Will there be different legislation now?

Another, the auxiliary issue is how I can pay an extended portfolio now. Cripto is publicly traded and has a public price. From Trump’s message, it is not clear whether his administration will seek new appropriated consumption. Are they selling gold to buy crypt? We don’t know.

2 Why turn on Solana, XRP and Cardano? Will there be others?

As far as the X noticed, there are logical reasons to include Bitcoin in the strategic reserve. “We’re talking about a reserve, and Bitcoin is an undisputed value store for digital age,” Horsley Horsley, General Manager in Fight. Bitcoin is “digital gold” and BTC’s “dominance” market is still north of 60%. BTC is the first property that a holder has.

It is harder to make a direct case for other coins. For example, Cardano, with a dominance of 1.1%, is most famous as an environment to build decentralized applications (Daps). There is no ETF like Bitcoin and Etra and that Tradfi do not accept almost the same extent.

Five coins are elected in two different reasons. BTC and ETH are completely decentralized. Solana, KSRP and Cardano are made in America, and Trump can be included to promote the American crypt industry. The Trump announcement seems to have left the possibility that the reservation can include other coins in the future.

3. Will States next to follow the suit?

The COINDESKOV Jesse Hamilton has been written lately 22 States are considering creating their own crypto reservesmainly in Bitcoin. Will it consider a wider range of funds now?

4. Will this crypto support?

The reaction to Trump’s announcement through professional crypt was tapid-to-critical. Trump announced a reserve on Nashville with the aim of meeting his audience. But today it is not clear that the crypto industry is 100% behind its plan to bring a reserve about it. If the measure receives pressure in Congress, the administration will need industrial support, so it could be worried about its ordained. Certainly, Polimakel’s members are skeptical that the reservation will come soon soon.