Samson Mow warns Trump: If encryption reserves are mixed with altcoin coins, it will become a "speculative game"

Samson Mow, CEO of Jan3, warned that if AltCoin is mixed into the encryption reserve plan, it will throw the market into chaos and could create financial risks in the United States. (Synopsis: Samson Mow suggested that the Taiwanese government buy BTC "83,000 coins" and embrace BTC has three major strategies) (Background added: The German government that "harmed the BTCbig dump" regretted it? Samson Mow revealed: They are considering buying back BTC! Samson Mow, former security chief executive of Blockstream and current CEO of BTC national technology company Jan3, warned about Trump's proposed Cryptocurrency strategic reserve plan, stressing that if it includes multiple AltCoins, it could turn it into a purely speculative tool and exacerbate market instability. He suggested that reserves should prioritize Proof of Work (PoW) assets to ensure long-term stability. AltCoin Hybrid Fears Speculative Game Samson Mow emphasized: If Trump's cryptocurrency reserve plan arbitrarily includes AltCoin such as XRP, Solana (SOL), Cardano (ADA) and Ethereum (ETH), it may reduce this strategy to pure speculative games, far from actual financial use. Mow warned that the market could fall into chaos as a result, especially if the cryptocurrency market becomes vulnerable to manipulation. Mow specifically follows that if the president is free to choose any kind of cryptocurrency to join the reserve, it may create an improper advantage for certain lobbyists and insiders. Such a scenario could lead to a reserve program becoming a free competition without rules, rather than a long-term plan based on a sound financial strategy. Can Trump arbitrarily decide on encryption reserves? Mow expressed doubts about whether Trump can independently determine encryption reserve assets. He noted on the social media platform X: Trump's statement does not come from a formal policy process, but more like a political strategic move. Mow argues that such statements may be made to cater to specific interest groups rather than be based on an actual legislative process. According to the political structure of the United States, the selection of reserve assets should be subject to the proposal of the working group and the deliberation and approval of Congress, not a unilateral decision. Market Manipulation Risks and Potential Consequences In addition, Mow also pointed out: Trump's cryptocurrency reserve plan may introduce the risk of market manipulation. For example, if certain traders or lobbyists take a short-term benefit when Trump announces the inclusion of certain AltCoin in reserves, this will seriously disrupt the fairness of the market. Mow mentioned that this is similar to Trump's previous promotion of "Trump coin" for personal gain, suggesting that political motives may influence the choice of reserve assets. There are theories out there that some traders the benefited from the post, having opened long positions in advance, and those trades could be connected to Trump. But a simpler possibility is that it's just to appease the lobbyists that are pushing for their coins to be included… — Samson Mow (@Excellion) March 3, 2025 PoW Assets Should Be Prioritized for Reserve Mow strongly recommends that Trump's Cryptocurrency Strategic Reserve prioritize Proof of Work (PoW) assets such as BTC (BTC), Litecoin (LTC), and Monero Coin (XMR). He believes that these assets not only dominate the market, but also have greater security and stability. If AltCoin is mixed into reserves that do not have these characteristics, it may expose the United States to unprecedented financial risks and uncertainties. So given this list of requirements, what can be added? Definitely not XRP, SOL, ADA, and ETH. In addition to Bitcoin, Trump's Strategic Crypto Reserve could potentially include: LitecoinMonero If they don't care about merged mining and hashing function dominance, then add… — Samson Mow (@Excellion) March 3, 2025 Related Stories Samson Mow suggested that the Taiwanese government buy BTC "83,000 coins" and embrace BTC has three major strategies Exclusive Interview" El Salvador's "BTC Legalization Promoter" Samson Mow's dollar drop to zero theory: BTC will break 1 million, Ethereum is just a child's play The German government that "harmed BTCbig dump" regretted it? Samson Mow revealed: They are considering buying back BTC! "Samson Mow warns Trump: Encryption reserves will become a 'speculative game' if mixed with AltCoin" This article was first published in BlockTempo, the most influential Block chain news media.