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Crypto VC: Trump’s Strategic Reserve Plan Gets Bitcoin Right, But XRP & Cardano Wrong


Crypto VC: Trump’s Strategic Reserve Plan Gets Bitcoin Right, But XRP & Cardano Wrong

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  • Trump’s reserve announcement boosted crypto prices, but Yusko questions the included coins’ value.
  • Despite years in venture capital, Yusko’s never received pitches for XRP or Cardano.
  • He suggests Trump’s support may benefit his affiliates, who own these cryptocurrencies.

President Donald Trump recently announced on Truth Social about creating a strategic reserve, which would include Bitcoin, Ethereum, XRP, Solana, and Cardano. 

After this announcement, the prices of these cryptocurrencies surged—Bitcoin rose by 10%, and others like Cardano jumped by over 60%. 

With the Crypto Summit approaching on March 7, Howard Lutnick, Trump’s Commerce Secretary, has also stated that the Bitcoin Reserve execution could take place on that day.

Bitcoin as ‘Digital Gold’: Yusko’s Core Argument

However, in a podcast on Milk Road, founder of Morgan Creek Capital Management, Mark Yusko raised an important point: why include cryptocurrencies beyond Bitcoin? 

Bitcoin is widely regarded as a superior form of money. Traditionally, money is an asset without any liabilities, and gold has been this standard for decades. Same way, Bitcoin is often referred to as di…

The post Crypto VC: Trump’s Strategic Reserve Plan Gets Bitcoin Right, But XRP & Cardano Wrong appeared first on Coin Edition.

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