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Gemini Lianchuang: Bitcoin is the only asset that meets the standards of reserve value assets
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3 hours ago 2,462
According to Golden Finance, Gemini co-founder Cameron Winklevoss posted on social media that he was excited about the cryptocurrency strategic reserve plan but was surprised by the digital assets being considered. Bitcoin is the only asset that meets the standards of a reserve value asset, and perhaps Ethereum also meets it. Digital gold and digital oil. This is similar to the physical reserves in the United States (such as the Kentucky vault, the Federal Reserve Bank of New York, etc.) and oil (strategic oil reserves). Other assets may also meet this standard in the future, but this is a very high threshold. That being said, if the government acquires other digital assets (e.g., XRP, ADA or SOL) through seizure, forfeiture, etc., I think this type of storage is acceptable, which is very different from actively buying these assets in the open market.
Keywords: Bitcoin
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