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Author Topic: Is it possible that US will not just have BTC Reserves but also other altcoins.  (Read 2158 times)

Offline Agbe

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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.
For now nobody can really say anything concrete about altcoins becoming a reserve in the united state of America because it's still a long way to go for crypto community as everyone is waiting for what Trump will bring to the table for the crypto industry let see in the next five to six months as they are critical next month Trump will be sworn into office so for now let just be expected of good things coming to the crypto space

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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.

Funny enough but Doge is more decentralized than ETH and since it's basically Bitcoin in terms of code one could argue it makes more sense and has less legal trouble to be the second one accepted, with or without Litecoin as a pair.

But tell then, let's see the first reserve at all, cause Trump has a habit of saying he will do this and that and make those guys pay for it so can't wait to see the money he will built this with.

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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.

Funny enough but Doge is more decentralized than ETH and since it's basically Bitcoin in terms of code one could argue it makes more sense and has less legal trouble to be the second one accepted, with or without Litecoin as a pair.

But tell then, let's see the first reserve at all, cause Trump has a habit of saying he will do this and that and make those guys pay for it so can't wait to see the money he will built this with.

That's what I have been reading from the Doge community. They are far better than any alt coins out there however they have problems with Musk. He been helpful in making the coin as popular as it is but he has billions of Doge that he may one day dump.

The decentralisation I think will not help in deciding whether a token will be considered a reserve but centralised as government wants the control as usual.



Offline Agbe

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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.
Even though there will be opposition and deliberation on it before it will be approved but with the way the crypto world is going currently altcoins too may be added to their reserves because the crypto world is one that emerging and has potential of being a source of wealth to and country that welcomes and embrace it so hopefully I would like to see altcoins added to the reserve of the United States

Offline philipma1957

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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?

There is no certainty that the USA becomes a BTC holder. AND 100% no chance they take on a P.O.S. coin like eth.

Scrypt is. The most likely thing for them to,use.

I can tired of these questions about pos coins. And the complete lack of,understanding of coins like doge.

BTC with DOGE could happen with Trump and Musk around
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Offline bitterguy28

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BTC with DOGE could happen with Trump and Musk around
i do not know if trump will want to focus on doge or other memecoins without the urging or encouragement from elon to be honest this is why his presence next to trump will be crucial to make sure that the government keeps updated with crypto projects that no other country would look at otherwise

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BTC with DOGE could happen with Trump and Musk around
i do not know if trump will want to focus on doge or other memecoins without the urging or encouragement from elon to be honest this is why his presence next to trump will be crucial to make sure that the government keeps updated with crypto projects that no other country would look at otherwise

It's the reason why they accuse Musk of election intervention which is the government think he deserves to be investigated for this. But it's no secret to all Musk have big influence. And Trump also wants to return the flavor after he won.

With Musk, I should hope Doge will be bigger under Trump. Better be stacking Doge from now on.

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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.
Even though there will be opposition and deliberation on it before it will be approved but with the way the crypto world is going currently altcoins too may be added to their reserves because the crypto world is one that emerging and has potential of being a source of wealth to and country that welcomes and embrace it so hopefully I would like to see altcoins added to the reserve of the United States
Where is crypto world going? Don't expect the people that are directly involved in a country's coffers to follow where crypto is headed. They are not like us that can follow trends and hastily make these decision because it only affects our personal life or immediate families.

Offline philipma1957

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BTC with DOGE could happen with Trump and Musk around
i do not know if trump will want to focus on doge or other memecoins without the urging or encouragement from elon to be honest this is why his presence next to trump will be crucial to make sure that the government keeps updated with crypto projects that no other country would look at otherwise

It's the reason why they accuse Musk of election intervention which is the government think he deserves to be investigated for this. But it's no secret to all Musk have big influence. And Trump also wants to return the flavor after he won.

With Musk, I should hope Doge will be bigger under Trump. Better be stacking Doge from now on.

stacking doge is pretty much a no brainer for the time being. I see it clearing a dollar in 2025 or 2026
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It must have been a surprise for you to also read on the social media about Trump Crypto reserve that includes XRP, SOL and ADA.

I have read a thread on this which Trump have posted on Truth Social about the 3 cryptocurrencies he mentioned.



Bitcoin is surging again back to 94k, this market is going to swing wilder right after people panic about the price yesterday.

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It must have been a surprise for you to also read on the social media about Trump Crypto reserve that includes XRP, SOL and ADA.
I have read a thread on this which Trump have posted on Truth Social about the 3 cryptocurrencies he mentioned.
OP may be quite surprised, but I'm not surprised at all. Trump is a businessman, he won't be satisfied to utilize Bitcoin or Ethereum only. He knows XRP, SOL, and ADA are potential altcoins. He won't miss the chance to take advantages on them. Moreover, these coins look like very familiar with US citizen, so they actually know well the projects.

Bitcoin is surging again back to 94k, this market is going to swing wilder right after people panic about the price yesterday.
The drop was very clear as a normal correction. I'm sure experienced people didn't panic. Only those new people or average people who feel afraid with crypto market. But now, I think everyone feels optimistic anymore because the market is in an uptrend again.

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Offline 0t3p0t

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    Fourth year Anniversary 2500 Posts 10 Poll Votes
OP may be quite surprised, but I'm not surprised at all. Trump is a businessman, he won't be satisfied to utilize Bitcoin or Ethereum only. He knows XRP, SOL, and ADA are potential altcoins. He won't miss the chance to take advantages on them. Moreover, these coins look like very familiar with US citizen, so they actually know well the projects.

The drop was very clear as a normal correction. I'm sure experienced people didn't panic. Only those new people or average people who feel afraid with crypto market. But now, I think everyone feels optimistic anymore because the market is in an uptrend again.
Trump really is smart and before we knew his next moves he might already got hoards of those coins he mentioned Aside from Bitcoin and Ethereum which was already a given asset he has.

I don't know if some with good capital investors are still missing every opportunity the market will bring but they make profits out of this kinda market condition it could be that newbies are really that aggressive and are always panicking when things tremors.

Offline bitterguy28

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Trump really is smart and before we knew his next moves he might already got hoards of those coins he mentioned Aside from Bitcoin and Ethereum which was already a given asset he has.
it is not his by the way but it's his country's

the money he will be using to buy bitcoin and the likes are from the country and not directly from his wallet those are the ones that he will be adding to the reserve but maybe he has some assets of his own that we do not know about

usa has some bitcoins already they got it from the illegal cases they have busted and now the bitcoins are in custody but surely they can buy more

Offline Aanuoluwatofunmi

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They said that they are considering crypto  reserve, not being specific on which coin in cryptocurrency, this alone seems to be an illusion on us all because we should not have much expectations for that until we see which crypto exactly is he pointing at, lots had been going on already concerning this statement and this is one of the reasons we had the recent surge in bitcoin market price.

Online electronicash

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They said that they are considering crypto  reserve, not being specific on which coin in cryptocurrency, this alone seems to be an illusion on us all because we should not have much expectations for that until we see which crypto exactly is he pointing at, lots had been going on already concerning this statement and this is one of the reasons we had the recent surge in bitcoin market price.

anyone holding an altcoin will hope for Trump to consider his altcoins to be on the list of his strategic reserves. people do expect because they need to see profit from their investments.

if i have to declare which token should be among Trumps crypto strategic reserve, i say BNB and TON. but its not up to me.
trumps declaration doesn''t have any backing but his words. some say its just about pumping.

 

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