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Jan3 CEO: If the strategic reserve plan mixes a variety of AltCoins without considering the consequences, it may degenerate into a pure speculative game
ChainCatcher news, according to BTCTN report, Jan3 CEO Samson Mow warned against the Cryptocurrency reserve plan proposed by Trump, pointing out that if the plan includes random alts, it may cause confusion. Mow said that if the reserve plan indiscriminately mixes a variety of cryptocurrencies such as XRP, SOL, ADA, and ETH, it may degenerate into a pure speculative game. He is particularly concerned about the risk of market manipulation, believing that if Trump can freely choose any cryptocurrency, it will create opportunities for lobbyists and insiders. Mow said that true strategy should prioritize proof-of-work assets such as BTC, LTC, and XMR. He warned that if Trump’s Cryptocurrency reserves deviate from the right track, it could lead the United States into unprecedented decay.