uff how hard it was to find Google: dan romero almost told me he's a nobody, people keep buying that it's just a very very cheap distraction

Donald Trump’s proposal to add XRP, Solana (SOL), and Cardano (ADA) to the U.S. Strategic Crypto Reserve is now uncertain.

Doubts Over XRP & ADA Inclusion:

Dan Romero (Farcaster co-founder) suggests the U.S. will only use seized assets for its crypto reserves, not buy from the market.

Ripple controls nearly 50% of XRP, making government investment seem like favoritism.

Congress is unlikely to approve purchasing altcoins like XRP or ADA.

Bitcoin (BTC) is expected to dominate, with altcoins entering only through taxation or donations.

Market Impact:

After Trump’s announcement, XRP, SOL, and ADA surged, but Dan Romero’s statements erased the gains, also dragging BTC and ETH down.

Samson Mow’s Warning:

The Jan3 CEO criticized adding altcoins, calling it too risky for a strategic reserve.

He recommended Proof-of-Work (PoW) assets like BTC, Litecoin (LTC), and Monero (XMR) for stability.

Strategic Reserve Debate:

Gold has been a stable reserve asset for centuries.

Bitcoin, often called "digital gold," is a better fit for reserves than volatile altcoins.

U.S. Crypto Holdings:

The U.S. already owns ~200,000 BTC from DOJ seizures.

BTC’s value (~$16.5 billion) makes up only 3.5% of U.S. gold reserves.

If reserves are limited to seized assets, buying XRP or ADA seems unlikely.

Upcoming Crypto Policy Decisions:

The White House Crypto Summit on March 7 may provide more clarity.

If Congress blocks altcoin purchases, XRP and ADA could struggle to recover.

Analysis:

The U.S. government’s approach to its crypto reserve strategy highlights a fundamental speculation vs. stability debate.

Bitcoin’s dominance in the discussion is logical—it’s the most established cryptocurrency, widely recognized as a store of value similar to gold.

Altcoins like $XRP & #ADA face major hurdles:

Centralization concerns (e.g., Ripple’s control over XRP) could prevent government adoption.

Regulatory uncertainty makes it unlikely that Congress would approve buying altcoins outright.

If only seized assets are included, the government’s crypto reserve will likely remain BTC-heavy, with minimal exposure to altcoins.

Conclusion:

The U.S. crypto reserve is likely to prioritize Bitcoin over altcoins, ensuring stability over speculation. If Trump’s plan includes XRP and ADA, it may face regulatory and political roadblocks, making their inclusion highly uncertain. The March 7 Crypto Summit will be crucial in shaping the final decision.