Jan3 CEO: If the strategic reserve plan recklessly mixes multiple altcoins, it may become a pure speculative game."
On March 4, Jan3 CEO Samson Mow issued a warning against Trump's proposed cryptocurrency reserve plan, pointing out that if the plan contains random altcoins, it may cause chaos. Mow said that if the reserve plan recklessly mixes multiple cryptocurrencies such as XRP, SOL, ADA and ETH, it could turn it into a purely speculative game. He is particularly concerned about the risk of market manipulation, arguing that if Trump can choose any cryptocurrency at will, it will create opportunities for lobbyists and insiders. Mow said true strategy should prioritize proof-of-work assets such as BTC, LTC and XMR. He warned that if Trump's cryptocurrency reserves go off track, it could push the United States into "unprecedented degradation."
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