Coinbase CEO: He should only be the Crypto US Bitcoin Reserve
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Brian Armstrong, CEO of Coinbase, joined the continuous debate about the US Crypto Reserve. Armstrong suggested that the United States adopt the Bitcoin approach only when creating a national coding reserve, confirming his position and support for Bitcoin over the years.
It was Armstrong reaction To President Trump’s suggestion that National encryption reserves Several altcoins. The CEO joined many bitcoin devices in condemning the idea of ​​anything other than Bitcoin in the reserve.
Most of the people who believe in Bitcoin said it is the only cryptocurrency that deserves to host the encryption reserve because of its performance over time.
The ARMSTRONG position has received different comments, with some users on the X who loves his open bitcoin at another encryption account.
However, a number of comments also supported his idea, noting that Bitcoin can only be described as a value store.
Coinbase CEO of Bitcoin as the origin of the upper reserve
Armstrong showed his faith frankly in Bitcoin for a long time. It carries that bitcoin has unique properties that make it better than other encryption. For example, he said that the scarcity of bitcoin is a force that can only be compared to gold. However, the ability of pregnancy and division outperforms gold; Therefore, it is better to reserve.
At the recent World Economic Forum in Davos, the CEO expressed his optimism about Bitcoin’s ability to overcome gold in the market value.
It is also confident that other countries, including the G20 members, will follow their example if the American bitcoin is a national protected.
However, his position contradicts Trump’s broader approach, which aims to support the entire cryptocurrency industry by including a group of digital assets in the reserve. After Trump’s announcement, the Bitcoin price rose to $ 94,000, while Ethereum, Solana, XRP and Cardano have seen great gains.
People hold different views on Bitcoin only
The debate about Bitcoin reserves is not only light as it appears. There are accusations that the government accommodates altcoins to satisfy the institutions it defends. Some people read political tones on the decision.
Bitcoiners is determined to have indicators that make Bitcoin the only cryptocurrency. Analysts they have Propagate Bitcoin To strike $ 300,000 in 2025, which is enough to get it as a national reserve.
Despite the justifications, people criticize the presence of bitcoin currencies alone in the reserve. They argue that the presence of one digital origin, especially Bitcoin, is a great danger due to its volatility. They say that overcoins will mean losing a great opportunity.
According to a social media user who responds to Armstrong’s comments whether it is a reasonable strategy to put all reserves at one digital origin and indicated that although Bitcoin dominates the space, diversification is always a major strategy in financing.
Another criticized a reserve creation with encrypted currencies that have proven to be speculative and could display the financial stability of the country, and insisted that bitcoin is the only applicable tool for imposing cash sovereignty.
The controversy surrounding the establishment of an American encryption reserve emphasizes the political economic challenges of integrating digital assets into national policy in general.
The overall bitcoin reserve supporters confirm its performance, security and decentralized nature; Others warn that various cache would reflect better and explain the volatility of digital origins and advanced benefit.
With Trump’s support for the multi -asset encryption reserve and Armstrong’s call to focus only on Bitcoin, the United States government must make a decisive decision. Should a bet on bitcoin or hedge this position with other encrypted currencies?
Political makers will need a long -term economic impact weight with the emergence of regulatory frameworks online. Whether it is Bitcoin alone or besides Altcoins, one thing is sure that the debate about Crypto Reserves has just started.
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