Samson Mow, CEO of JAN3 company and a prominent figure in the Bitcoin (BTC) sector, criticized Donald Trump’s proposed plan to create strategic reserves of digital currencies in the US. Mow stated that establishing such reserves requires legal procedures and approval in Congress, not just a decision by the president. He emphasized that determining the composition of these reserves requires expert analysis and specialized reports. While Trump mentioned digital currencies like Ripple (XRP), Solana (SOL), Cardano (ADA), and Ethereum (ETH) as possible options for these reserves, Mow believes these statements could have political motivations. He also warned about market manipulation risks and stressed that choosing the wrong digital currencies could have serious negative consequences.
