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Why the Founder of Solana Opposes Trump's Plan for Cryptocurrencies
Anatoly Yakovenko, the co-founder of the digital currency company Solana, expressed his rejection of U.S. President Donald Trump's proposal to create a national reserve for cryptocurrencies, noting that this idea contradicts the principle of decentralization by placing control in the hands of the government. In a recent post, Yakovenko clarified his stance on Trump's plan, which includes listing major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Cardano, and Solana among the country's reserves. He also confirmed that he was not asked for his opinion regarding the inclusion of Solana in this initiative. Yakovenko stated: "No to the reserve, because if you want to fail decentralization, just place the government in charge of it, so he said to him, 'Be happy, long live your age.'
Anatoly Yakovenko, the co-founder of the digital currency company Solana, expressed his rejection of U.S. President Donald Trump's proposal to create a national reserve for cryptocurrencies, noting that this idea contradicts the principle of decentralization by placing control in the hands of the government. In a recent post, Yakovenko clarified his stance on Trump's plan, which includes listing major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Cardano, and Solana among the country's reserves. He also confirmed that he was not asked for his opinion regarding the inclusion of Solana in this initiative. Yakovenko stated: "No to the reserve, because if you want to fail decentralization, just place the government in charge of it, so he said to him, 'Be happy, long live your age.'
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