- Arthur Hayes warns that the public image of Bitcoin and that spending on deficit in the United States makes new federal purchases not likely.
- Senator Cinemia Lomes pays a bold strategy for the development of the Tetet C and a million BTC and the long -term national debt curbing.
Arthur Hayes revealed his suspicion of the possibility of the United States to buy more BTC, citing financial problems and general awareness. In an interview with him recently, the co -founder of Bitmex said that the American leaders may avoid printing dollars to buy bitcoin due to the increasing scrutiny about the cultural image of the encrypted currency, pointing to those who go to nightclubs.
The general image and the deficit in spending raises doubts
Hayes noticed that the United States has already has about 200,000 BTC seized from criminal cases. He said this may be the full range of the Bitcoin reserve in the country at the present time. to talk To Kyle Chasse on May 1, Hayes asked whether any elected official would publicly support the use of Bitcoin printed money.
Hayes stated that the United States is a country that relies on debt to operate its budget. He explained that building Bitcoin reserves outside the seized assets will require difficulty spending.
“Will the money to buy Bitcoin, and see Bitcoin Bros in the club?” He asked Hayes.
He said that this perception can harm the credibility of any government policy that involves bitcoin purchases. Hayes believes that the current image of encryption users may deter policy makers to expand the reserve. “Is this the image that the government really wants?” He added.
Does President Trump strongly maintain the American strategic bitcoin reserves?
Earlier this year, President Donald Trump signed an executive order to create the Bitcoin Federal Reserve. The BTC program is used to seize through confiscation, and it is a stock of about 200,000 BTC without taxpayers. CEO Bo Heinz More bitcoin mentioned can be added using customs tariff revenues or other neutral financing methods.
Despite the executive matter, Hayes is still skeptical that other purchases are made under the current political and financial conditions. In an interview with Capitol Hill, Senator Centum Lomes leads the efforts made to legislate a long -term Bitcoin reserve strategy.
She said that her bitcoin, which supports Trump, would require the United States to obtain 200,000 BTC annually for five years. This would build a million BTC reserve held for at least two decades.
Lummis has warned of debt escalating and high inflation, saying that fixed supply assets such as Bitcoin may provide discipline. Meanwhile, the asset manager, Vaneck, calls the proposed reserve, can compensate for up to $ 21 trillion of national debt by 2049.
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