美國總統唐納德·特朗普（Donald Trump）宣布將比特幣，以太坊，XRP，Solana和Cardano納入新成立的加密戰略儲備

3月2日，美國總統唐納德·特朗普（Donald Trump）宣布將比特幣，以太坊，XRP，Solana和Cardano納入新成立的加密戰略儲備

U.S. President Donald Trump announced plans for a Crypto Strategic Reserve, an initiative designed to integrate Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) into the country’s broader economic and monetary plans.

美國總統唐納德·特朗普（Donald Trump）宣布了一項加密戰略儲備計劃，該計劃旨在整合比特幣（BTC），以太坊（ETH），XRP，SOLANA（SOL）（SOL）和Cardano（ADA）納入該國更廣泛的經濟和貨幣計劃。

The move, which follows months of speculation, has sparked immediate debate among industry leaders and financial experts, many of whom questioned the wisdom and long-term ramifications of such a broad approach.

此舉是在經過數月的投機之後的，引發了行業領導者和財務專家之間的立即辯論，其中許多人質疑這種廣泛方法的智慧和長期後果。

After the president announced the administration was working on establishing the Crypto Strategic Reserve, several members of his administration provided further details, revealing that the initiative had been in the works for several months.

總統宣布政府正在建立加密戰略儲備後，他的政府幾名成員提供了進一步的細節，表明該倡議已經進行了幾個月。

The move came in response to concerns raised by a group of crypto supporters, who had argued that the U.S. should be doing more to support the industry.

此舉是為了回應一群加密支持者引起的擔憂，他們認為美國應該做更多的支持來支持該行業。

Among those critical of the move was Jeff Park, Head of Alpha Strategies at Bitwise, who described Trump’s move as “a huge political miscalculation” and warned of the risk the assumption of inside dealing.”

在批評此舉的人中，傑夫·帕克（Jeff Park）是Bitwise的Alpha策略負責人，他將特朗普的舉動描述為“巨大的政治錯誤計算”，並警告了假設內部交易的風險。”

Park further elaborated that BTC’s unique status as the premier digital store of value deserved standalone consideration, cautioning that political optics could shift unfavorably if the Strategic Reserve featured cryptocurrencies with uncertain regulatory and technological foundations.

帕克進一步闡述了BTC作為價值的主要數字商店的獨特地位應有的獨立考慮，警告如果戰略儲備以不確定的監管和技術基礎的加密貨幣為特徵，政治光學可能會不利地轉移。

“Huge political miscalculation by Trump in underestimating just how crucial it was for the Strategic Reserve to focus solely on Bitcoin. Sad! Political opportunities are calculated by marginal wins of new votes vs loss of old votes. This is why Elizabeth Warrens’ anti crypto army made no sense. Gain 0, lose 100. Trump is about to understand in crypto land what Bitcoin—and only Bitcoin—represents.”

“特朗普在低估了僅關注比特幣的戰略儲備方面的巨大政治錯誤估計。傷心！政治機會是由新投票與失去舊票的邊際勝利來計算的。這就是為什麼伊麗莎白·沃倫斯（Elizabeth Warrens）的反加密軍毫無意義的原因。收穫0，輸掉100。特朗普將要在加密貨幣中理解比特幣以及只有比特幣的代表。”

He also noted the potential for voter backlash, drawing parallels to past missteps by politicians who attempted to court new constituencies without fully weighing the cost of alienating existing supporters.

他還指出了選民反彈的潛力，使政治家的失誤使人相似，他們試圖在不完全疏遠現有支持者的成本的情況下向新的選區提供新的選區。

“Big problem here is optics. When you include altcoins whose use case is too nascent to be deemed ‘nationally strategic,’ you risk the assumption of inside dealing even if it were patently false. This is politically negative, even among a subset of crypto enthusiasts,” he added.

“這裡的大問題是光學。當您加入其用例過於新生而無法視為“全國戰略性”的山寨幣時，即使它顯然是錯誤的，您也會冒著內部交易的假設。這在政治上是負面的，即使在加密愛好者的一部分中，”他補充說。

Hunter Horsley, CEO of Bitwise, agreed with Park, stating on X that he had initially “imagined a Strategic Reserve would be just Bitcoin” and that “Bitcoin is the undisputed store of value for the digital age.”

Bitwise的首席執行官Hunter Horsley同意Park的觀點，他在X上說，他最初“想像戰略儲備只是比特幣”，“比特幣是數字時代無可爭議的價值存儲”。

Although Horsley noted the administration’s openness to crypto as a positive step, he argued that the term “reserve” implies a focus on stability and global recognition—two features that have largely been attributed to BTC rather than newer assets.

儘管霍斯利（Horsley）指出，政府對加密貨幣的開放性是積極的一步，但他認為“儲備”一詞意味著專注於穩定和全球認可，這兩個特徵在很大程度上歸因於BTC，而不是較新的資產。

By adding altcoins, he suggested, the White House might undermine the underlying principle of having a national reserve in the first place.

他建議，通過添加AltCoins，白宮首先可能會破壞擁有國家預備役的基本原則。

“Many crypto assets have merits, but what we’re talking about here isn’t a US investment portfolio — we’re talking about a reserve, and BTC is the undisputed store of value for the digital age. Of course, I’m grateful the new administration is so constructive on the space. Look forward to learning more about the thinking here,” he remarked.

“許多加密資產都有優點，但是我們在這裡談論的不是美國的投資組合 - 我們正在談論的儲備金，而BTC是數字時代無可爭議的價值存儲。當然，我很感激新政府對空間如此建設性。期待在這裡了解有關思維的更多信息。”他說。

Notably, other leading figures from the crypto industry which can also not be considered “Bitcoin maximalists,” agree with both Bitwise execs.

值得注意的是，加密行業的其他主要人物也不能被視為“比特幣最大化主義者”，這兩個位高管都一致。

Brian Armstrong, CEO of Coinbase, also suggested that “just Bitcoin would probably be the best option—simplest, and a clear story as successor to gold,” while acknowledging an alternative: a market-cap-weighted index for broader crypto exposure.

Coinbase首席執行官布萊恩·阿姆斯特朗（Brian Armstrong）還建議“只有比特幣可能是最好的選擇 - 簡單的選擇，並且是一個清晰的故事作為黃金的繼任者”，同時承認了一種替代方案：一個市場上帽加權的索引，以實現更廣泛的加密貨幣敞口。

“If folks wanted more variety, you could do a market cap weighted index of crypto assets to keep it unbiased But probably option #1 is easiest,” Armstrong stated.

阿姆斯特朗說：“如果人們想要更多的品種，您可以進行加密資產的市值加權指數，以保持公正，但可能最簡單的選擇是最簡單的。”

Others approached Trump’s announcement from a more philosophical angle. David Marcus, CEO and co-founder of Lightspark, bluntly remarked, “Mixing the only code-driven asset with human-run ones is a mistake,” signaling a belief that Bitcoin’s decentralized, algorithmic approach to supply and governance is crucial for a true reserve asset.

其他人則以更哲學的角度接觸了特朗普的宣布。 LightSpark的首席執行官兼聯合創始人David Marcus直言不諱地說：“將唯一的代碼驅動資產與人類經營的資產相結合是一個錯誤，這表明了一種信念，即比特幣的分散，算法的供應和治理方法至關重要。

In turn, longtime gold advocate and Bitcoin skeptic Peter Schiff delivered a surprising partial endorsement for Bitcoin, saying, “We have a gold reserve, and Bitcoin is digital gold. But what’s the rationale for an XRP reserve?Why the hell would we need that?”

反過來，長期的黃金倡導者和比特幣懷疑論者彼得·希夫（Peter Schiff）對比特幣表示了令人驚訝的部分認可，他說：“我們有一個黃金儲備，比特幣是數字黃金。但是，XRP儲備的理由是什麼？為什麼我們需要那個？”