Winklevoss Cheers BTC, Doubts ADA, XRP & SOL For Strategic Reserve

Gemini exchange co-founder Cameron Winklevoss has voiced strong support for the concept of a U.S. Strategic Bitcoin Reserve. However, he has expressed surprise at President Trump’s plans to include Cardano (ADA), XRP, and Solana (SOL) in the national cryptocurrency stockpile.

In a series of tweets posted recently, Winklevoss outlined his position that Bitcoin stands alone as the only digital asset currently suitable for national reserve status.

The comments come in response to President Trump’s announcement that his administration would establish a U.S. Crypto Reserve including Bitcoin, Ethereum, XRP, Solana, and Cardano.

Bitcoin-only Approach Advocated for Strategic Reserve

“While I’m excited about a Strategic Reserve, I was surprised by the digital assets being contemplated,” Winklevoss wrote. “Bitcoin is the only asset that meets the bar for a store of value reserve asset. Maybe Ethereum. Digital gold and digital oil.”

Erik Voorhees, founder of Venice.ai and longtime crypto entrepreneur, expressed his preference for a Bitcoin-only approach despite his general support for multiple cryptocurrency projects.

“I don’t like the idea of national governments owning Bitcoin, and while US gov spending money on acquisition of BTC is far less bad than most of what it spends money on, I still prefer private money to be held privately,” Voorhees stated. “

Voorhees outlined specific qualities that make Bitcoin uniquely suitable for national reserves: “Bitcoin is, objectively, the most liquid, the most safe, the most trusted, the most decentralized, and the most conservative digital asset on Earth.”

Tyler Winklevoss echoed his brother’s sentiment, writing: “I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve.

Only one digital asset in the world right now meets the bar and that digital asset is bitcoin.” He emphasized that while these assets meet Gemini’s listing standards for trading, national reserves require a higher standard focused on proven store of value characteristics.

Winklevoss Proposes Alternative for Handling Non-Bitcoin Crypto Assets

While Cameron Winklevoss firmly advocated for Bitcoin’s primacy in any strategic reserve, he did propose an alternative approach for handling other digital assets.

Rather than purchasing altcoins on the open market, he suggested that the government could incorporate cryptocurrencies obtained through law enforcement actions into a secondary stockpile.

Winklevoss noted,

“With that said, if the government happens to come into possession of other digital assets (e.g., XRP, ADA, or SOL) through seizure, forfeiture, etc.”

National Security and Game Theory Drive Bitcoin Reserve Arguments

Cameron framed the creation of a Strategic Bitcoin Reserve as a national security imperative rather than simply a financial decision.

In his analysis, the acquisition of Bitcoin follows the same strategic logic that drives countries to stockpile critical resources like rare earth minerals, gold, and oil.

“A Strategic Bitcoin Reserve is really not a choice if you look at the game theory and national security ramifications. It’s a must,” Winklevoss stated.

Winklevoss emphasized the time-sensitive nature of this strategy, noting that early movers would benefit from lower acquisition costs: “Stockpiling sooner rather than later and before other countries is much better in terms of the price you pay. This is simple stuff.”