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Author Topic: Is it possible that US will not just have BTC Reserves but also other altcoins.  (Read 2150 times)

Online target

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It looks like they are already sure to have BTC Reserves because Trump reassured again his crypto commitment at NY Stock Exchange saying he doesn't want China to be ahead of this market.

Speculators sees this the reason for price to go green again since yesterday. More exposures to BTC means the supply could be lessers and lesser when only a few will be selling.

Do you think there will also be ETH strategic reserves or any other else such as SOL or ADA Reserves?

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Online bitterguy28

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Do you think there will also be ETH strategic reserves or any other else such as SOL or ADA Reserves?
it could be but i do not think they will be going down that way yet

just because trump and everything affiliated with him is starting to get interested in altcoins it doesn't mean that he has any interest of holding some for the entire country though of course it is not completely impossible if the government can analyze it and see that some altcoins can be a valuable asset i am pretty sure there would be not much opposition to buying some

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I don't think so, because only bitcoin has the potential to increase in value exponentially due to the high demand and trust for it as a hedge to inflation. Altcoins are for gambling and no one can predict their future because there are a lot of them that came and gone. Some people are seeing bitcoin very risky to use as a reserve with all its prove to be an asset. How do you expect them to see altcoins that is centralized.

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I don't think about the US interested on investing in Altcoin for reserves because I never heard of them talking about it aside from Bitcoin which we can always here from the president elect Donald Trump. But since his administration is a pro-crypto team then they might have talks about it but we will see if they will be getting one.

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Maybe some ETH but I don't think they invest time for increasing their crypto reserves in altcoins too simply because Bitcoin is like in the gold standards so why they would need something less valuable than BTC?

But they do have all kind of coins for sure that they auction from time to time which all are confiscated from someone who involved in illegal activities or been a part of exchange hack.
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It looks like they are already sure to have BTC Reserves because Trump reassured again his crypto commitment at NY Stock Exchange saying he doesn't want China to be ahead of this market.

Speculators sees this the reason for price to go green again since yesterday. More exposures to BTC means the supply could be lessers and lesser when only a few will be selling.

Do you think there will also be ETH strategic reserves or any other else such as SOL or ADA Reserves?

Yes, it very much possible in the future after US would have taken the lead on bitcoin as a reserve for them. In the past, we saw the bitcoin ETF coming to play and then after the successful implementation of it, we saw the Ethereum ETF also coming into the market. This is a sign of a revolutionary development for cryptocurrencies and I don’t think there is any doubt that something like that won’t happen in the near future because it’s very much possible and we are going to be seeing them also after US have used bitcoin as one of their reserve funds.

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I know there will be an unsure answers for this because only the future knows. What I was just looking forward though is that when all US plans pan out.

Just what I  think could happen is that the crypto market may actually be the combined primary and secondary market, RWA and all equities are tokenized using Blockchain. A few of them will be reserves to keep for a countrys wealth.

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It looks like they are already sure to have BTC Reserves because Trump reassured again his crypto commitment at NY Stock Exchange saying he doesn't want China to be ahead of this market.

Speculators sees this the reason for price to go green again since yesterday. More exposures to BTC means the supply could be lessers and lesser when only a few will be selling.

Do you think there will also be ETH strategic reserves or any other else such as SOL or ADA Reserves?

We may have to understand that despite the fact that US government is not a bitcoin or crypto holder, the amount of bitcoin in their possession is not what we should take for real, because they were just assets confiscated, since they are not bitcoin investor, i don't think they will later consider investing on other cryptos because they are not interested right from the start in crypto, but with the new change of power, something new may set in any time soon and they have a new approach over it.

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Most of the assets majority of the government of different countries have are mostly seized assets. And as a result it's more like they don't take the concept of buying at a lower price and selling at a higher price too seriously since they didn't buy the coins in the first place. I've seen a couple of news in the past where there were some deliberation to convert some of US gold reserves into bitcoin.

I'm not very sure that these countries Hodl any altcoin and owing to the fact that they hardly fancy buying something as successful as bitcoin then judging from there there is a high chance that they don't hold any altcoin except they seized some of course too.
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Do you think there will also be ETH strategic reserves or any other else such as SOL or ADA Reserves?
Anything we imagine is possible even it does not seem like it; time is all it is going to take to tell. The future is bright for cryptocurrency in general, so we keep watching.
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Offline joniboini

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Just what I  think could happen is that the crypto market may actually be the combined primary and secondary market, RWA and all equities are tokenized using Blockchain. A few of them will be reserves to keep for a countrys wealth.
I can see them convert stocks so it's compatible with blockchain for a better track record, but it's hard to see them pivot to altcoins just because of that. I mean, this RWA or other stuff like gold-backed tokens don't even have enough interest from retail, it would be riskier than gambling to pick them for reserve. Not to mention they were affected heavily by BTC. It's possible that altcoins won't get dominated as heavily by BTC in the future, but it feels so far away imo.

Online Stompix

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Do you think there will also be ETH strategic reserves or any other else such as SOL or ADA Reserves?

First, let's see that Btc reserve!
Because he has already backtracked on reducing inflation, he's a trade deal is the laughing stock of the world,  the peace plan has become vaporware and do I have to remind you about that wall and drainign the swamp from the previous mandate?

I'm almost certain that we will be here in 2028 and there will be a lot of Pikachu faces around!


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Just what I  think could happen is that the crypto market may actually be the combined primary and secondary market, RWA and all equities are tokenized using Blockchain. A few of them will be reserves to keep for a countrys wealth.
I can see them convert stocks so it's compatible with blockchain for a better track record, but it's hard to see them pivot to altcoins just because of that. I mean, this RWA or other stuff like gold-backed tokens don't even have enough interest from retail, it would be riskier than gambling to pick them for reserve. Not to mention they were affected heavily by BTC. It's possible that altcoins won't get dominated as heavily by BTC in the future, but it feels so far away imo.

Trusting is a forever issue because investors are scammed all the time. There was a AU project in crypto before but I have no idea what happened to it. The last posts on the thread iirc was users asking who holds the gold storage, and then all the rest are accusations.

RWA I think will also have this issue. I have no idea how it will be solved but stock market seems to be working for them. Regulation made it happen.

Offline LogitechMouse

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No, they will not... or at least that's what I think.

While anything is possible with cryptocurrency, I don't think that the US government will consider something that's centralized as a strategic reserve asset. Maybe Ethereum since it's being considered now as decentralized, but Bitcoin is more decentralized than Ethereum, and the government wants control of it hence, they will just focus mainly on Bitcoin.

Overall, it might happen still. We don't know, but I believe the chances are low or if it happens, it will take years or even decades to happen.

Offline Zed0X

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I would rather wait and see if they actually add BTC as reserves. I understand that it's the President who said it but there will be oppositions for sure and they will have to deliberate on this for some time. It's still good to speculate on this though. Now, which altcoin to choose is going to be another matter of discussion.

 

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