CRIPTO Strategic Reserve: Why is Cripto Location Crypto Donald Trump facing the background from Allies to the Billionaire?

The recent announcement of the President Donald Trump “Cripto Strategic Reserve” caused criticism of some of his most influential allies in the technology and cryptocurrency sector.

The proposal, which includes Bitcoin, Etherum, XRP, Solana and Cardano, aims to fix the United States as a “cripto capital of the world”.

However, the initiative is not fulfilled with universal approval.

While Trump set up as the most represented president in history, several highly profile data in the industry raised concerns about the government’s intervention in the digital asset market.

Critics claim that the inclusion of multiple cryptocurries is not limiting the reservation in Bitcoin-complicating the initiative and risks unwanted market manipulations, according to the forbes report.

Cripto Leaders the question of Trump access

Among the strongest critics is the CEO for Coins Brian Armstrong, the richest figure in the American crypt industry.

Armstrong proposed social media to make the government establish a reservation, “only Bitcoin”, because it is widely observed as a “successor of gold”.

Meanwhile, Joe Lonsdale, a co-founder of billionaire Palanta and Stauch Adut Surporter was more direct in his opposition.

Appropriate on Trump announcement, Londdale criticized the move as improper use of government resources, claiming: “It is wrong taxing me for the CRIPTO bro schemes.”

The critique also came from the trumped own crypt circle crypto.

Jason Calacanis, co-host “All-in” Podcast with Trump Cripto Czar David bag, rejected the initiative as a “Trump pump” and marked “madness”.

Others, such as Jeff Park, Strategist in the Cript Index Fund Manager, warned that the decision was not to be a “huge political wrong work”.

Market rally and subsequent return

After the Trump announcement, the CRIPTO market originally increased, and Bitcoin climbs over 10% to cross $ 95,000. Other property in the proposed reserves also saw a sharp increase.

However, the rally was short-lived. By the Monday, Bitcoin retreated to only $ 90,000, and all five of the named cryptocurries experienced at least 4% decline in their high results after the announcement.

Market analysts from Bernstein Research, a leading financial advisory firm, noted that although the announcement has launched the immediate reaction of the bakery, many key issues remain unanswered.

They involve how the government plans to extract funds, whether Trump has a legal authority to establish a reserve and how the reserve will be financed.

The company also highlighted concern over the feasibility of the use of federal reserves or means of the vault for the purchase of cryptocurries, especially non-Bitcoin assets, according to the forbes report.

Billaionire Backers express doubts

Adding a controversy, the beneficiaries of social media moved to 2021. place from David bags that seemed to oppose the latest trump moves.

In the post, bags warned that the “problem with the government as a capital assignment was to go into special interests that could lobby, but not innovative.”

In addition, KCP Capital Singapore suggested that the time of Trump announcement was politically motivated, speculating that the move was designed to compensate for negative market trends and prevent falling in approval evaluation.

Political and financial cubes

The Trump Hug of Cryptocurrency was a key factor in attracting support for wealthy donors in the industry.

FAIRSHAKE, a commission for the political action of focused crypto-focusing (PAC), and branches spent about $ 135 million in the 2024 elections. Years.

This included the main contributions from Kointbase, Airplanes Laboratories and the Histrict capital Giant Andreepsen Chorowitz.

Milidaons like Marca Andreessen and Vinklevoss Gemini and outdated their respectable Trump campaigns – they also contributed to pro-crypto political efforts.

However, their response to the Trump initiative of the CRIPTO Reserve was especially careful, signaling that even within the crypt’s world, government intervention remains a part-to-resistant thing.

Frequently asked questions

What is Trump Cripto Reserve?

Donald Trump announced his social platform for the truth on Sunday for the Federal Government to reserve the stock of five tokens.

What are the coins in Cripto Reserve?

US President Donald Trump identified five cryptocurries for his proposed digital digital reserve, causing their prices to grow. “Cripto Strategic Reserve“It will include Bitcoin, Etherum, XRP, Solana and Cardano.