US President Donald Trump made many promises supporting Karbeto during his campaign last year. One of those included the creation of the strategic Bitcoin reserves.
Earlier this month, kept his word and signed an executive order to create such an initiative. He also ordered the formation of the stock of digital assets.
The BTC Strategic BitCo Strategic Reserve is designed as a backup asset Consisting One of the holdings obtained through the procedures for confiscating criminal or civil assets. US digital asset stocks will serve the same purpose and consist of Altcoins obtained through similar Nubia efforts.
Community reactions
The development of the city has become newly and gave many industry leaders two years. One of them, Arthur Bitman, co -founder of Blockchain Tezos platform, recently told Cryptopotato The strategic reserve is “an interesting concept” but it suggested that it is only time that will determine whether it will succeed.
“Strategic reserves usually aim to match potential obligations, For example oil. Foreign reserves play the double role to match the potential obligations of international trade and help fix the local currency. But it may be supposed to be compensation from the government to industry in the past Lawfare? Who knows, “added.
“A shift a point,“On the occasion of recognition of primary encrypted currencies as” a strategic financial tool, not only by some companies but by the governments themselves. ”
“We are putting themselves before the curve. Other countries will have no choice but to respond. I think We are going to See many countries that follow innovation at this stage. this Not only about the United States that leads to encryptionthat it About Bitcoin becoming one of the basic assets in geopolitical financing, “I mentioned Exec.
Additional opinions
Among the other well -known people who were weighing in the initiative Anthony Scrameschi and Michael Sailor. The former White House official He said He believes in the BTC reserve “not because it will help Bitcoin, but because it will help the United States.”
It is important to note that Scaramucci was part of the United States government during Trump’s first presidency. It was one day a steady supporter of republicanBut in 2019, he withdrew this support, pointing to concerns about the president’s behavior and speech.
For his part, CEO of the strategy Described Establishing a BTC strategy reserve in America as a historical notice and “a turning point in the financial and geographical scene in the twenty -first century”.
Despite the general situation, the final encryption bear, Peter Chef, will always find a way to criticize a major Evolution of encryption. Not so long ago, the economist known for his affection towards gold Claim That political and financial interests prompted the decision.
“Under the pressure of the donors and the members of the conflicting cabinet, Trump has just imposed an executive order to create a strategic Bitcoin Reserve using the Bitcoin that the government already has,” he said.
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