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Critical Stance: Solana Co-founder Urges Gov’t to Avoid Crypto Reserves for True Decentralization

BitcoinWorld LogoBitcoinWorld11h ago

Critical Stance: Solana Co-founder Urges Gov’t to Avoid Crypto Reserves for True Decentralization - BitcoinWorld

Quick Summary:

In a bold statement that’s sending ripples through the crypto community, Anatoly Yakovenko, the visionary co-founder of Solana Labs, has voiced a strong opinion against governments holding crypto reserves.His argument?

It’s a significant roadblock on the path to true decentralization.

Whether it’s state-level or federal, or even no reserves at all, the path forward must prioritize the foundational principles that make cryptocurrencies unique and transformative.

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Critical Stance: Solana Co-founder Urges Gov’t to Avoid Crypto Reserves for True Decentralization - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 14:40:26 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26698125

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Critical Stance: Solana Co-founder Urges Gov’t to Avoid Crypto Reserves for True Decentralization" has 497 words across 42 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Critical Stance: Solana Co-founder Urges Gov’t to Avoid Crypto Reserves for True Decentralization" was covered 11 hours ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 29 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26698125
  • URL: https://beamstart.com/news/critical-stance-solana-co-founder-17412723904145

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