Imagine a secret stash of super-valuable digital money, like a digital Fort Knox! Some important people in the crypto world are debating what should go in it. President Trump wants to include different types of digital money, but some think only one type is really good enough.
- Coinbase and Gemini CEOs believe only Bitcoin is suitable.
- They say Bitcoin is like digital gold – a reliable store of value.
- Other CEOs disagree, suggesting including other cryptocurrencies.
- The debate includes which type of digital money (proof-of-work vs. proof-of-stake) is best.
Cryptocurrency | Role in Debate |
---|---|
Bitcoin (BTC) | Proposed as the only suitable reserve asset. |
Ethereum (ETH) | Considered as a possible addition. |
Solana (SOL), Cardano (ADA), Ripple (XRP) | Included in Trump's initial plan, debated by other leaders. |