The post Winklevoss Cheers BTC, Doubts ADA, XRP & SOL For Strategic Reserve appeared on BitcoinEthereumNews.com.

Gemini exchange co-founder Cameron Winklevoss has voiced strong support for the concept of a U.S. Strategic Bitcoin Reserve. However, he has expressed surprise at President Trump’s plans to include Cardano (ADA), XRP, and Solana (SOL) in the national cryptocurrency stockpile. In a series of tweets posted recently, Winklevoss outlined his position that Bitcoin stands alone as the only digital asset currently suitable for national reserve status. The comments come in response to President Trump’s announcement that his administration would establish a U.S. Crypto Reserve including Bitcoin, Ethereum, XRP, Solana, and Cardano. Bitcoin-only Approach Advocated for Strategic Reserve “While I’m excited about a Strategic Reserve, I was surprised by the digital assets being contemplated,” Winklevoss wrote. “Bitcoin is the only asset that meets the bar for a store of value reserve asset. Maybe Ethereum. Digital gold and digital oil.” Source: Cameron Winklevoss/X Erik Voorhees, founder of Venice.ai and longtime crypto entrepreneur, expressed his preference for a Bitcoin-only approach despite his general support for multiple cryptocurrency projects. “I don’t like the idea of national governments owning Bitcoin, and while US gov spending money on acquisition of BTC is far less bad than most of what it spends money on, I still prefer private money to be held privately,” Voorhees stated. “ Voorhees outlined specific qualities that make Bitcoin uniquely suitable for national reserves: “Bitcoin is, objectively, the most liquid, the most safe, the most trusted, the most decentralized, and the most conservative digital asset on Earth.” Tyler Winklevoss echoed his brother’s sentiment, writing: “I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve. Only one digital asset in the world right now meets the bar and that digital asset is bitcoin.” He emphasized that while these assets meet Gemini’s listing standards for…

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Filed under: News - @ March 4, 2025 8:30 pm