After announcing the American Bitcoin Strategic Reserve, Coinbase Brian Armstrong believes that the American move will be a model for the G20 countries that must be followed.
The United States announces the strategic bitcoin reserves
Incredible implementation from the Trump administration and a historical moment for Bitcoin and encryption!
I expect a lot of the G20, eventually the leadership of America. https://t.co/tpdltj6gkq
Brian_armstrong March 7, 2025
The encryption world has been beating since the confirmation of the American Bitcoin Reserve, with Armstrong joined the discussion. On the X platform, he said: “The movement of the United States government in Bitcoin reserves is of historical importance,” and praised the Trump administration for its “excellent execution” in this regard. He also expected that many G20 countries will closely monitor and follow the progress of the United States in the end.
It is worth noting that no G20 country was created as a coding reserve. In fact, both Australia and Russia have abandoned plans to create such reserves.
“We are working with the American Senator Sinatia Lomes to enhance Bitcoin’s plans. Stay tuned for the release next Tuesday.” Stressed that the United States plans to become the first Bitcoin great power.
Despite the excitement surrounding these ads, Bitcoin has seen a slight decrease in value after news that the United States will not buy an additional Bitcoin for its reserve. As a result, Bitcoin fell to $ 84,979. As of now, Bitcoin is trading at $ 87,806.
