Odaily Planet Daily News: Jason Mow, CEO of JAN3 and Bitcoin advocate, has recently sparked discussions about the potential digital asset reserves of the US government. Mow insists that Bitcoin is the only cryptocurrency that should be considered for inclusion in such reserves. He also criticized Ripple and XRP, believing that they do not deserve such recognition.
He posted on X, saying, "Adding any encrypted asset other than Bitcoin to the digital asset reserve is actually giving taxpayers' money to companies and individuals who print tokens out of thin air
Mow reiterated that XRP and other altcoins are not suitable as reserve assets. He has always believed that the companies behind these tokens have been creating a large supply of tokens with minimal effort, thereby undermining the overall reputation of the cryptocurrency market.