Gemini Co-founder: Bitcoin is the only asset that meets the criteria of a value reserve asset

Gemini co-founder Cameron Winklevoss expressed excitement about the strategic reserve plan for cryptocurrencies, but was surprised by the digital assets being considered. Bitcoin is the only asset that meets the standards of a value reserve asset, and perhaps Ethereum also meets them. Digital gold and digital oil. This is similar to the physical reserves of the United States (such as the gold vault in Kentucky, the New York Federal Reserve Bank, etc.) and oil (strategic oil reserves). Other assets in the future may also meet this standard, but this is a very high threshold.

Having said that, if the government obtains other digital assets (such as XRP, ADA, or SOL) through seizure, confiscation, etc., I believe this type of storage is acceptable, which is completely different from actively acquiring these assets on the open market.