Brian Armstrong, the CEO of Coinbase, expressed his views on the government’s initiative to create a strategic digital currency reserve proposed by Trump on March 2 on the former social network, X (formerly Twitter). Armstrong analyzed Bitcoin (BTC) as the primary option for this reserve, citing its simplicity and strong position as a digital gold alternative. He also proposed another solution: creating a weighted index based on the market value of digital assets to provide more diversity while maintaining neutrality. These statements were made in response to David Sacks, the White House AI and digital currency strategist, confirming that Trump’s desired strategic reserve will include a combination of Bitcoin and other leading digital currencies.
Coinbase CEO's insights on strategic digital currency reserve proposed by the White House, including Bitcoin as a primary option and a weighted index for diversity.