Most people are excited about the US strategic crypto reserve (and similar reserves that other countries are working on), but not everyone.

Solana co-founder Anatoly Yakovenko is apparently not a fan, and he has a point.

Yakovenko's objection is simple, and it makes sense, because he's essentially that government stewardship could undermine decentralisation, which it does.

The crypto markets is maturing and regulatory frameworks are solidifying, which sounds good and jolly, but it also means the giants of finance and countries will start buying. You and I can buy $100 worth of BTC every... what? Every month? Every week? Every day?

These entities can buy that every second, millions and millions a day.

"Putting the government in charge may cause decentralization to fail," Yakovenko argued on X.

Global adoption keeps surging, and it can't be stopped. And whether we like it or not it will shape the market.

Let's see how.