I agree. Both should be included: $BTC as a store of value and $XRP et al. as utilities. This is the beginning of a whole new financial transaction system being adopted. The U.S. will lead, and the world will follow.

The EO states: "(ii)  The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts."

The U.S. has a BTC stockpile. The Working Group will recommend putting it into a reserve. This will hedge against national debt and encourage other nations to acquire BTC, making the U.S. stockpile even more valuable. The U.S. needs to lead this category.

There will also be a focus on U.S.-born cryptocurrencies, which have more institutional utility than BTC. They are faster, leaner, and less expensive to transact with. More than 100 financial institutions use $XRP. Blackrock is heavily invested in $ONDO to tokenize stocks and bonds. The list goes on. If homegrown cryptocurrencies become the standard worldwide, the U.S. will win again. 

It is inevitable that there will be centralized decentralization until fiat is a distant memory. You can't pay for most things with BTC or crypto. It has to be converted. Institutions can't afford to have all their customers flee to decentralized finance land. They will provide products and services to bridge the gap (BTC loans, bank custody of BTC.) Banks can't use BTC as efficiently to transact as other crypto but will use it as a reserve. It is a compromise.

What's cool?  You can choose how much or how little you want to be centralized.
#BTC #XRP