President Donald Trump’s announcement of forming a U.S. crypto reserve with altcoins reflects his classic negotiation approach, according to Udi Wertheimer, co-founder of Taproot Wizards.
the best take i’ve seen by far regarding the strategic reserve is that this is just classic trump negotiation tactic
for a true reserve to happen trump will have to convince congress, he can’t decide on his own
whenever trump needs to convince others stakeholders he always…
— Udi | BIP-420 ? (@udiWertheimer) March 2, 2025
On March 2, the president instructed the working group on digital asset markets to proceed with creating a strategic cryptocurrency reserve, which will include SOL, XRP, and ADA. Subsequently, the head of state added that the fund would also comprise Bitcoin and Ethereum.
Following this, the price of digital gold soared to $95,000, and the mentioned altcoins showed double-digit growth. During the subsequent correction, the rate returned to levels near $84,000. One of the drivers of the market sentiment shift was the realization of uncertainty regarding the U.S. president’s initiative, which requires Congressional approval.
“Whenever Trump needs to convince other stakeholders, he starts with an absurd proposal that he can later abandon: ‘Trump’s Gaza,’ the annexation of Canada, and now the ‘strategic Cardano reserve,’” Wertheimer explained.
According to him, the politician’s message to lawmakers is: “if you don’t give me the SBR, I’ll shove Ripple down your throats.”
Wertheimer noted that this is just a theory, but a fairly convincing one.
Senior global market strategist at Marex Solutions, Ilan Solot, agreed with this opinion, reports CoinDesk.
“This statement is likely just a typical Trump negotiation tactic. That is, a call for a strategic reserve with XRP, SOL, and ADA to ultimately secure it only in BTC (and possibly with ETH),” the expert stated.
The publication also recalled the politician’s extensive experience in the real estate business. In this field, the approach of “ask for 1000 to settle for 500” is classic, emphasized managing co-editor Omkar Godbole.
Back in April, Euro Pacific Capital president and Bitcoin critic Peter Schiff urged Congress to investigate Trump’s actions, which he called “the biggest crypto scam in history.”