Arthur Hayes, a well-known figure in the digital currency industry and the founder of BitMEX, expressed his critical view on Donald Trump’s recent announcement regarding the formation of strategic digital currency reserves for America. Hayes, in a message on the social media platform, labeled this plan as impractical and emphasized that implementing such a program without congressional approval and budget allocation will remain merely a promise. Trump’s ambitious announcement on Monday was accompanied by significant details. According to him, Bitcoin (BTC) and Ethereum (ETH) are considered the main pillars of these reserves, with other digital currencies such as Solana (SOL), Cardano (ADA), and Ripple (XRP) also included in its asset basket.
