[Braco22]

Hello,

As the title says, Trump just announced that he will be signing an executive order on creating a crypto strategic reserve on XRP, SOL and ADA.

What's your take on this?

[Mewtwo]

SOL and ADA is awesome. But XRP? Come on now. He should’ve mentioned SUI

[Omniscient]

Jared Kushner influence on the XRP is my guess. Ripple Labs are the type of people to spread some XRP for influence.

I completely disagree with Trump doing this because it doesn't reserve Bitcoin. If he's going to create a reserve, it must be 90% Bitcoin.

btw, I can't verify this as truthful news. Any links for citations?

[Braco22]

It was posted on his Truth social.

[Neil]

Jared Kushner influence on the XRP is my guess. Ripple Labs are the type of people to spread some XRP for influence.

I completely disagree with Trump doing this because it doesn't reserve Bitcoin. If he's going to create a reserve, it must be 90% Bitcoin.

btw, I can't verify this as truthful news. Any links for citations?

He actually posted this straight to his truth social account. XRP, SOL & ADA are definitely interesting for him to choose to lead the crypto reserve. Guessing he has bigger plans for bitcoin.

[Omniscient]

He actually posted this straight to his truth social account. XRP, SOL & ADA are definitely interesting for him to choose to lead the crypto reserve. Guessing he has bigger plans for bitcoin.

Well let's hope he doesn't really do it and just looking to get some feedback. Solana, Cardano, and XRP in US reserves? WTF is that about? That's not how I want the US government to spend taxpayer money. It's got to be a joke.

[Costanza]

ahh yes its a good day..

[campusminger]

we are bullish omfg still not sure how to feel about xrp being in this but anyways.

heres another word on X

INTEL: Policymakers suggest $BTC may be included in the proposed reserve alongside three new assets – Eleanor Terrett

edit: well fellas looks like he did mention btc and eth.

[Braco22]

I wonder if he will sign an executive order on making a Strategic Crypto Reserve that consists of XRP, ADA and SOL, why is he waiting on ETH and BTC?

https://truthsocial.com/@realDonaldTrump...9842100196

[SUI-3183372]

What's your take on this?

Won't stop there, more pumps to come.

[Omniscient]

Just when people were about to claim a bear market too. Glad I been buying all the way down.

[Braco22]

The moment when you're feeling like a winner, right here, right now. Just hope it lasts for a few months.

[Spikkeljuan]

Well let's hope he doesn't really do it and just looking to get some feedback. Solana, Cardano, and XRP in US reserves? WTF is that about? That's not how I want the US government to spend taxpayer money. It's got to be a joke.

It was something some crypto boys expected to happen though, some thought it would've been in the executive orders on day 1 when he took office. The Trump family has invested heavily in crypto through the World Liberty Foundation. But cannot tell exactly what they invested in as not everything is disclosed, pretty sure of what was found out is that Ether is a major assets by the the foundation.

[Pimping]

Adding any alt coins to the reserve is a really bad idea
the teams of these coins are able to print as many tokens as they want. if this reserve happens i gurantee that they are gonna sell a % of supply they have or at least most of it

if any of these alt coins are more than 5% each of the reserve it will be bad long term i believe

[HALx86]

Surprised by the addition of these coins. I agree that it should be ~90% BTC. Also who's going to do all this work when they've been laying people off?