Lekker Capital founder: The US buying altcoins as strategic reserves is a ridiculous idea that will never happen

Odaily News Quinn Thompson, founder of hedge fund Lekker Capital, said that the United States buying altcoins as strategic reserves is a ridiculous idea that will never happen. Earlier, the New York Post reported that Trump "accepted" the idea of creating tokens including SOL, XRP and Circle's USDC stablecoin as "America's priority strategic reserves." Quinn Thompson explained: "The government has no power to bet venture capital on altcoins. Rumors about setting up strategic reserves for other non-BTC currencies are another example of people treating bad ideas as facts."