Coinbase CEO Brian Armstrong has weighed in President Trump’s Crypto Strategic Reserve, suggesting that bitcoin will be the best option alone.
While responding to the White House AI and Crypto Caesar David Sachs on the X, Armstrong underlined two potential strategies to structured the reserve. The first strategy considers bitcoin (BTC) as a modern counterpart of gold, fully focuses on it.
This will reduce government intervention in the large cryptocurrency market and strengthen the status of bitcoin as a store of value, offering stability, transparency and simplicity.
The second approach will distribute assets based on the respective market sizes of each coin using the market cap-wated index. For example, if bitcoin makes 50% of the total crypto market and atherium (ETH) 20%, the reserve will allocate its assets in proportion to these figures.
The bias will be avoided, and the reserve may eventually reflect market changes. Armstrong, however, suggested that bitcoin-keval approach could be more possible and may be in line with the purpose of the reserve.
His comment proceeds to create a strategic cryptocurrency reserve with Trump’s recent push that will include BTC, Ath, Solana (Sol), Cardano (ADA), and XRP (XRP). This decision has created a debate between financial and cryptocurrency communities, with different views on its effects.
Some crypto advocates have praised the reserve, which is a historic step towards widely adopting, arguing that it will promote investment and establish America as a leader in digital assets worldwide.
Other, including Bitmex co-founder Arthur Hayes, suspect. Hayes dismissed the declaration as a political posture, saying that without the approval of the Congress or the revaluation of gold, the government has no way to fund a large -scale crypto shopping.
As the Trump White House is ready to host the Crypto Summit, the debate on the structure of the reserve is becoming more intense. After the announcement of its March 2 by the Crypto Strategic Reserve, the Cryptocurrency market has already increased by 8%, and everyone’s eyes are now on the next step of the administration.
