CEO of Solana: Only Bitcoin is Worthy to be the Strategic Reserve of the US
Solana's CEO, Anatoly Yakovenko, stated that only Bitcoin (BTC) deserves to be a strategic reserve for the United States. According to him, Bitcoin is the only cryptocurrency that has a high level of trust compared to other digital assets.
Bitcoin Meets Requirements as a Reserve
Yakovenko emphasized that if an asset is to be considered a strategic reserve, it must meet criteria that can be measured objectively. In this case, Bitcoin is assessed as the only cryptocurrency that fulfills those requirements.
"If there is to be a reserve, it must be based on criteria that can be measured objectively. Currently, only Bitcoin meets those criteria, as long as it can be measured clearly and justified rationally," wrote Yakovenko in his post on the X (Twitter) social media platform.
Alternative Option: State Foreign Exchange
In addition to Bitcoin as a strategic reserve, Yakovenko also suggested another option, which is to give states in the US the freedom to manage their own foreign exchange. This aims to serve as a hedge against potentially misguided policies from the central bank.
Conclusion
The statement from Solana's CEO indicates that Bitcoin is increasingly recognized as a strategically valuable asset, not only as an investment instrument but also as a reliable reserve. Amid growing attention towards crypto adoption by nations, Bitcoin continues to strengthen its position as a primary digital asset in
global economy.
