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matthewb.eth
@matthewb
even entertaining the idea of ADA and XRP in a strategic reserve is absolutely clownish and we all know it
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Maxbrain Capital
@viybz
I agree. But idk the rules, or how they operate strategic reserve… If they operate it like a hedge fund and attempt to max extract, and trade it, they definitely picked the right assets no? 😂 Extremely wishful thinking..but I’m also slightly playing devils advocate.
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matthewb.eth
@matthewb
reserve implies not actively trading any of the assets. so personally I don’t see how you can make the case for anything other than BTC, just too volatile. even BTC is a stretch and I think we all know it.
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Maxbrain Capital
@viybz
100% agree. So reserve implies they never sell? They have to sell eventually? There has to be a goal of stacking/denominating in something. It depends on a lot of things. I’m just trying to think why they wouldn’t include BTC and ETH. Maybe they’re denominating the whole portfolio in btc + eth. The best answer I have..if you’re a MEV player in the game of trading digital assets, and you’re pro Bitcoin and pro Ethereum, and the agenda comes out later, the explanation could make sense.
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matthewb.eth
@matthewb
agreed that it’s all hazy, who knows what exactly it will end up being. I think BTC/ETH, allocation somewhere between 90/10 and 70/30 would be reasonable. imo incredibly stupid to even consider XRP and ADA.
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