Ethereum is too decentralized for the US government, that’s the problem. An opinion.

I just realized why the US government isn't moving forward with a crypto reserve consisting of ETH only. The reason is actually simple, stupidly simple. ETH is decentralized. Ethereum cannot be controlled by a single individual or group and as such no government will want to own something that they can never control.

I thought about this yesterday after the official crypto reserve announcement. I would understand if it was just Bitcoin and ETH, but SOL? XRP? Seriously? Two of the most centralized cryptos in the space, complete garbage. What is the point of overdiversifying, this will only allow for greater volatility which is a lot riskier. Maybe this has to do with the donations to Trump's campaign by the SOL and XRP boys.

If they really want to build something, for payments or tokenizing RWAs for example, would they do it on Solana or Ripple? The best option is Ethereum, it's the most secure and decentralized network, and with the most people building on it. And most importantly, it can't be paused and does not go down ever. This administration's plans are not certain, but the future of Ethereum is, and it will be great.

By the way, yesterday there was a pump and it was Sunday. The banks were closed and so were the brokerages. Today, as soon as they open, it's possible that new money will enter the ETFs, meaning there will probably be an even bigger pump today!!