Solana co-founder says no to government-run crypto reserve

The co-founder of Solana, Anatoly Yakovenko, opposes the idea of ​​Trump for an American crypto reserve, declaring that this goes against decentralization by putting it in the hands of the government.

In a recent jobYakovenko clarified his position concerning President Trump plans to establish a national crypto reserve which would include major tokens such as Bitcoin (BTC), Ethereum (Ethn), XRP (Xrp), Cardano (ADA) as well as Solana (GROUND). He also confirmed that it had not been asked if soil would be included in the crypto reserve range.

“No reservation, because if you want decentralization to fail, you are in charge of the government.” said Yakovenko.

According to Solana’s co-founder, if there is really a crypto reserve, it must be created on the basis of “objectively measurable requirements” so that the project is fair and decentralized for all parties involved.

“I don’t care what they [the measures] Are, they can even be built so that only Bitcoin satisfies them at the moment, they must simply be objectively measurable and rationally justified, “said Yakovenko.

In fact, he was more favorable to the cryptography reserves managed by the State rather than a large national reserve because he thought that the state reserves could work as a “coverage against the Fed making a mistake”. According to the Bitcoin reserve MonitorThere are at least 26 American states which have introduced Bitcoin strategic reserve invoices.

At the time of the press, Yakovenko has unconfirmed His participation in the top of the White House crypto will take place on March 7. Meanwhile, a certain number of other figure figures crypto such as Strategy President Michael Saylor, Kraken CEO Arjun Sethi, Ripple CEO Brad Garlinghouse and Jamming CEO Brian Armstrong has confirmed their presence among others.

Earlier in the day, crypto journalist Laura Shin said that sources say that Garlinghouse urged President Trump to include Solana in the crypto reserve to include XRP in the “seems more legitimate” reserve. When asked if it was true, Yakovenko said he was not requested About Solana’s inclusion in the Trump’s national cryptography reserve either the one who launched it.