Coinbase CEO Brian Armstrong strongly favors Bitcoin as the sole component of President Trump’s newly announced Crypto Strategic Reserve. On social media he engaged with White House AI and Crypto Czar David Sacks proposing that Bitcoin could serve as the modern gold offering a stable transparent and simple foundation for the reserve.

Armstrong elaborated on two potential strategies for the reserve’s structure. The preferred approach would focus exclusively on Bitcoin to minimize government interference and bolster its role as a fundamental store of value. An alternative would involve a market cap-weighted index to allocate assets proportionally among cryptocurrencies like Bitcoin and Ethereum reflecting their market sizes.

As the White House prepares for the upcoming Crypto Summit the discourse intensifies. The cryptocurrency market surged 8% following Trump’s announcement of the strategic reserve spotlighting the administration’s influential role in shaping the future of digital currencies.