{"id":16437,"date":"2025-03-06T09:46:54","date_gmt":"2025-03-06T09:46:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16437"},"modified":"2025-03-06T09:46:54","modified_gmt":"2025-03-06T09:46:54","slug":"solana-co-founder-says-a-federally-controlled-crypto-reserve-will-harm-decentralization-ethos-proposes-states-control-their-own-reserves","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16437","title":{"rendered":"Solana Co-Founder Says A Federally Controlled Crypto Reserve Will Harm Decentralization Ethos, Proposes States Control Their Own Reserves"},"content":{"rendered":"<div>\n<p><strong>Anatoly Yakovenko<\/strong>, the co-founder of the <strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) ecosystem, argued against a federal government-controlled cryptocurrency reserve Wednesday, citing a threat to decentralization.<\/p>\n<p><strong>What Happened<\/strong>: In an X post, Yakovenko outlined his order of preference for a potential cryptocurrency reserve.<\/p>\n<p>\u201cNo reserve, because if you\u00a0want decentralization to fail, you&#8217;d\u00a0put the government in charge\u00a0of it,\u201d he stated as his first and the most ideal choice.<\/p>\n<p>However, if reserves must be set up, Yakovenko said they should be managed by states as a \u201chedge\u201d against the Federal Reserve making a mistake.<\/p>\n<p>In the case of a federally administered reserve, Yakovenko proposed basing it on \u201cobjectively measurable requirements.\u201d <\/p>\n<p>\u201cI don&#8217;t care what they are, they can even be constructed such that only Bitcoin satisfies them right now, they just must be objectively measurable and rationally justified,\u201d he explained his point.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><br ...><\/figure>\n<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44160415\/solana-co-founder-says-a-federally-controlled-crypto-reserve-will-harm-decentralization-et\" alt=\"Solana\" co-founder says a federally controlled crypto reserve will harm decentralization ethos proposes states control their own reserves>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Anatoly Yakovenko, the co-founder of the Solana (CRYPTO: SOL) ecosystem, argued against a federal government-controlled cryptocurrency reserve Wednesday, citing a threat to decentralization. What Happened: In an X post, Yakovenko outlined his order of preference for a potential cryptocurrency reserve. \u201cNo reserve, because if you\u00a0want decentralization to fail, you&#8217;d\u00a0put the government in charge\u00a0of it,\u201d he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16437","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16437"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16437\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}