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Solana's Founder Just Trashed The U.S. Crypto Reserve
March 7, 2025 at 3:16 PMby The Block Whisperer
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Solana co-founder opposes Trump's crypto reserve plan despite SOL's inclusion, advocating for decentralization and state-level reserves instead.
Anatoly Yakovenko is telling the government to keep its hands off his blockchain.
The Solana co-founder just publicly opposed Trump's crypto reserve plan even though SOL made the shortlist.
Talk about looking a gift horse in the mouth – Yakovenko is basically saying "thanks but no thanks" to official government validation.
Yakovenko hit X with a spicy take: no reserve at all would be his first choice.
He's worried Uncle Sam might compromise the whole "decentralization" thing that makes crypto worth having in the first place – after all, they have the funds to do it.
His ideal scenario is to let states build their own reserves as hedges against Fed mistakes instead of creating one massive federal honeypot.
This man just told the Federal government, "I'd rather you didn't buy my token," while crypto Twitter was busy celebrating SOL's inclusion.
We have to respect the dedication to political devolution.
Yakovenko wants "objectively measurable requirements" if a reserve becomes inevitable—a bold ask that suggests that if you're going to pick winners and losers, at least use math and not vibes.
The Solana founder even admitted that such benchmarks might initially favor only Bitcoin—a surprisingly diplomatic response from the ETH killer camp.
His confidence that Solana could eventually meet any technical threshold is based on solid tech or some serious hopium, but this levelheadedness is a breath of fresh air in an ordinarily divisive landscape of maximalism.
The U.S. crypto reserve announcement has created the strangest bedfellows in the industry's history.
Bitcoin maxis and the Solana founder suddenly agree that a multi-token reserve might be a bad idea.
Coinbase CEO Brian Armstrong is pushing the "Bitcoin is digital gold" narrative and suggesting the other tokens are just muddying the waters.
We're witnessing a bizarre scenario where some of crypto's biggest winners are actively rejecting government validation.
The White House crypto summit on March 7th is bound to be as exciting as it is to be potentially awkward – Commerce Secretary Howard Lutnick already hinted that Bitcoin might get special treatment, potentially hinting at a multi-tier system.
The market's been bouncing around like crazy, trying to make sense of everyone’s predictions and what happens next.
Does Yakovenko's rejection make SOL more or less likely to be included?
At this point, it's 4D chess.
All in all, this is really about who controls the future of finance.
Yakovenko is making a principled stand against government involvement while most founders would be popping champagne.
The crypto industry is forced to confront its core paradox: Mainstream acceptance means dealing with the very institutions it was built to circumvent as we watch a real-time battle between decentralization maximalism and the pragmatic desire for legitimacy unfold.
All eyes are on the March 7th summit to see if any of these objections actually matter.
Yakovenko might have thrown shade, but the U.S. government isn't exactly known for taking crypto advice from founders.
SOL holders are caught in an existential crisis – root for inclusion that could pump their bags or support their founder's principled stand?
A refreshing return to the core reason why this tech exists in the first place.
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