ETH MAXI

If institutions are going to be running financial operations on Ethereum, it makes way more sense for the U.S. Government to have a Strategic Ethereum Reserve to help secure the global financial system that it does to have a Strategic Bitcoin Reserve.

The biggest problem with creating a Strategic Bitcoin Reserve and the institutional adoption of Bitcoin is that it is a risk-on asset.

Bitcoin has never shown the ability to run counter to market cycles, and it is much more volatile. If the U.S. Government and institutions adopt Bitcoin as a value backstop, they dramatically increase economic volatility and fragility. 

Instead, we should be improving our financial infrastructure with crypto assets that are not intended to be idle assets, but are active commodities fueling the global financial system. ETH is one such asset.