Jan3 CEO: If the strategic reserve plan recklessly mixes multiple altcoins, it may become a pure speculative game
On March 4th, Jan3 CEO Samson Mow issued a warning regarding the cryptocurrency reserve plan proposed by Trump, pointing out that if the plan includes random altcoins, it could lead to chaos. Mow stated that if the reserve plan irresponsibly mixes various cryptocurrencies such as XRP, SOL, ADA, and ETH, it could turn into a purely speculative game. He expressed particular concern about market manipulation risks, believing that if Trump can freely choose any cryptocurrency, it will create opportunities for lobbyists and insiders. Mow stated that a true strategy should prioritize proof-of-work assets such as BTC, LTC, and XMR. He warned that if Trump's cryptocurrency reserve deviates from the right track, it could push the U.S. towards "unprecedented corruption."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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