Lekker Capital founder: It is an absurd idea for the U.S. to purchase altcoins as a strategic reserve, and it will never happen.

Odaily Planet Daily News - Quinn Thompson, founder of the hedge fund Lekker Capital, stated that the idea of the United States purchasing altcoins as a strategic reserve is absurd and will never happen. Previously, the New York Post reported that Trump "endorsed" the idea of creating tokens including SOL, XRP, and Circle’s USDC stablecoin as part of a "America First Strategic Reserve." Quinn Thompson explained, "The government has no authority to stake venture capital in altcoins. The rumors about establishing a strategic reserve for non-BTC currencies are another example of people taking a bad idea and treating it as fact."