TaprootWizards co-founder: The best view on strategic reserves is that it is just a classic Trump negotiation tactic
Udi Wertheimer, the advocate of OP_CAT and co-founder of Taproot Wizards, said that so far, the best view I have seen on strategic reserves is that this is just a classic negotiation strategy of Trump.
To truly achieve reserves, Trump must convince Congress, he cannot decide alone.
Whenever Trump needs to convince other stakeholders, he always starts with a ridiculous proposal, which he can retract later: "Trump Gaza", Canada's annexation, and now the "Cardano strategic reserve".
So in Trump's chess language, this just means he is telling Congress that if you don't give me a Bitcoin reserve, I will shove Ripple down your throat.
Is this really happening? I don't know, but it's a convincing theory. But to be honest, whatever happens, I'll be very happy. It's too interesting.
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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