Gemini co-founder Cameron Winklevoss said in a social media post that he is excited about the cryptocurrency strategic reserve plan, but surprised by the digital assets being considered. Bitcoin is the only asset that meets the criteria for a reserve of value asset, and perhaps Ethereum as well. Digital gold and digital oil. This is similar to physical reserves in the United States (such as Kentucky vaults, New York Federal Reserve Bank, etc.) and oil (strategic petroleum reserve). Other assets may meet this standard in the future, but it is a very high threshold.
Although that may be the case, if the government acquires other digital assets (e.g., XRP, ADA, or SOL) through seizure, confiscation, etc., I believe this type of storage is acceptable, as opposed to actively acquiring these assets in the open market.
Gemini Lianchuang: Bitcoin is the only asset that meets the criteria for a store of value asset
2025-03-04 04:24:24
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