Hacker News new | ask | show | jobs
by lavezzi 476 days ago
And that's good enough for you is it? Unverified claims, and no insight into who else benefits from his decisions?

His venture firm (Craft Ventures) previously invested in Bitwise Asset Management, and their top holdings include Bitcoin, Ethereum, Solana, XRP, and Cardano — the exact assets named by Trump for proposed inclusion in the strategic reserve.

Sorry, that's too on the nose. Especially with the nonsensical decision to include Ripple and Cardano.
1 comments
chollida1 476 days ago
Or, and here me out, those are the 5 biggest crypto coins.

So if you had to pick what to put into a reserve it would make sense that the 5 biggest coins would be there, no?

link
lavezzi 476 days ago
> Or, and here me out, those are the 5 biggest crypto coins.

How long has Cardano been a top five coin? Did you look at the marketcap chart and assume it had been there longer than a few days? Who owns the majority of Ripple?

> So if you had to pick what to put into a reserve it would make sense that the 5 biggest coins would be there, no?

Who decided five to begin with? And then I should actually refuse your logic and pick coins that weren't in the list of the five biggest?

link
chollida1 474 days ago
Cardano has been a top 5 coin for 3-5 years now.

Ripple has been the same.

Bitwise has a methodology for picking their coins that takes the top 5 by market cap excluding Binance and stable coins.

This was all trivially googleable for you, you should take the time to look before you comment next time:(

link