The crypto world is buzzing as Coinbase’s main man, Brian Armstrong, has shared his thoughts on a hot topic: US President Donald Trump’s idea of a crypto reserve. Armstrong believes Bitcoin should be the star of the show.

Coinbase CEO Brian Armstrong Champions Bitcoin for US Crypto Reserve

In a recent post on X, shared late Sunday night, Armstrong made a clear case for Bitcoin. He stated simply and powerfully that “Bitcoin alone would probably be the best option,” describing it as “the simplest and clearest story as a successor to gold.”

While acknowledging that there’s another way to go – like a crypto reserve that mirrors the overall market by including various crypto assets based on market size – Armstrong doubled down on Bitcoin. He maintained that focusing solely on Bitcoin would keep things straightforward and uncomplicated.

Armstrong’s comments sprang from Trump’s own social media announcement, where the former president outlined plans for a Crypto Strategic Reserve. Trump mentioned a basket of digital currencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA), and mentioned he’d instructed his crypto team to get the ball rolling on this proposal.

However, not everyone is convinced. Arthur Hayes, the co-founder and former CEO of BitMEX, poured a bit of cold water on the idea. He called the announcement “nothing new” and raised a practical question: “Where’s the money coming from?” to actually buy all these digital assets?

Hayes didn’t hold back on X, writing, “Just words. Let me know when they get congressional approval to borrow money or push the price of gold even higher.” He bluntly concluded, “Without that, they don’t have the money to buy Bitcoin and shitcoins.”

On the other hand, Changpeng Zhao (CZ), the founder of Binance, injected some optimism into the conversation, encouraging the community to think long term and not get too caught up in immediate details.

Alongside a screenshot of Trump’s announcement, CZ posted, “Calm down guys. No need to overanalyze.” He added, “More ‘crypto’ will likely be added over time. More countries will follow. This is a great start to something really good. Be happy. Keep building,” suggesting this could be just the beginning.

So, as the debate continues to swirl around what this US crypto reserve should actually look like, crypto bigwigs are clearly split. Should the government stick to Bitcoin alone, or spread its bets with a mix of cryptocurrencies? All eyes are now fixed on the upcoming White House Crypto Summit on March 7th, where we might just get a clearer picture of the policy direction.