A reserve asset should be neutral, which means no country or company controls it.
Which is why bitcoin and gold work well as an international asset, both are universally recognized as commodities.
XRP, Solana, ADA, ETH are not, and are nothing more than highly centralized, controlled companies that happen to use the blockchain.
It's like trying making Apple or Facebook a strategic reserve asset which would be a dumb idea, they are just regular companies based in the US.
No government wants to buy a reserve asset that is run and controlled by a foreign entity,
and can be easily manipulated and seized by the foreign entity at any moment.
That's what Trump wanted. He wants to play with tax payers money to buy alts controlled by a small entity that came from nowhere.
It seems he is willing to destabilize US dollar with all of his dumb policies. He promised to put Bitcoin as strategic reserve, then now adding garbage alts as part of reserve.
The idea to add alts with zero intrinsic value to the reserve is so retarded. I won't be surprised if he later adds monopoly currency or even his own scam meme.
