Solana Co-Founder Questions US Crypto Reserve Proposal
- Anatoly Yakovenko, Solana co-founder, opposes a centralized US crypto reserve.
- He advocates for state-level reserves to avoid federal centralization risks.
- If inevitable, reserves should use measurable asset criteria, potentially favoring Bitcoin.
- Yakovenko was not consulted on including Solana in the proposed reserve.
- The idea reportedly originated from Ripple Labs, not Yakovenko.
Anatoly Yakovenko emphasizes decentralization and suggests state-managed reserves as a safeguard against federal errors. He stresses using objective criteria for asset inclusion if a national reserve is unavoidable.
Source (2.6)https://hodl.press/solana-co-founder-skeptical-about-u-s-crypto-reserve-plan/?rand=24434
