US President Donald Trump has faced criticism from some of his supporters over his plan for a strategic crypto reserve. The proposed reserve would include not just Bitcoin but also other digital currencies such as Ether, XRP, Solana’s SOL token and Cardano’s ADA.
Critics argue that using US taxpayer money to buy these riskier assets is unwise and could lead to costly mistakes. Some, including billionaire investor Tyler Winklevoss, have come out against the plan, saying Bitcoin is the only suitable digital asset for a strategic reserve.
Others, like Michael Saylor, chairman of Strategy, see the move as bullish for Bitcoin and the entire US crypto industry. The announcement has sparked a mixed reaction among Trump’s supporters, with some quick to defend the president while others have distanced themselves from his proposal.
Source: https://www.cnbc.com/2025/03/04/pro-trump-techies-enraged-by-crypto-reserve-plan-causing-early-rift.html