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Trump’s Crypto Reserve Plan Divides Bitcoin Advocates and Altcoin Supporters

The U.S. "Crypto Strategic Reserve" described by President Donald Trump has generated a wide range of disagreements among cryptocurrency followers. The proposed Crypto Strategic Reserve would incorporate five main digital assets, including Bitcoin, Ethereum, XRP, Solana, and Cardano.

Bitcoin maximalists who only defend Bitcoin as an exclusive cryptocurrency category have displayed intense opposition against adding new digital currencies to the strategic reserve. Veteran trader Peter Brandt criticized Trump's stance, stating that his planned proposal weakens his authority and Bitcoin represents the only suitable choice for such a reserve.

The strategic requirements for a reserve according to Tyler Winklevoss require Bitcoin as the sole cryptocurrency because other digital assets fall short.