While President Donald Trump coincides with the first 100 days in his position with a gathering hosted by American bone, excitement grows around whether he will take a historical step by forming bitcoin officially to the financial reserves of the United States. According to the prediction market, there is a 6 % chance of 6 % that Trump announces a bitcoin reserve before the completion of a 100 -day teacher tomorrow.
These speculation follow the recent comments from US Trade Minister Howard Lottenic, who It appeared in the Bitcoin magazine To discuss the advanced management position on digital assets. Lutnick has opened about a strong shift in the restriction of the previous management of the encrypted currency, saying: “Under Biden’s leadership, he was treated as if I were doing something wrong … it’s over now.”
Bitcoin treatment like gold
Lootnick said that the Trump administration believes that Bitcoin is not a currency, but as a commodity, similar to gold or oil. “There is only much of it,” he explained. “Bitcoin is like gold for me … you must treat like a commodity.”
He added that once the United States officially accepts Bitcoin as a commodity, it can open the door for use widely, including buying, selling and contracting it as origin – just like gold. “No one prevents someone from selling oil or gold,” he said. “Bitcoin should be the same.”
The potential role in trade and gross domestic product
Lutnick also revealed that the Economic Analysis Office explores the idea of treating bitcoin similar to gold in economic statistics, such as commercial balances and gross domestic product. While no official plans confirmed, he said it was a “good idea” in consideration.
The Minister of Commerce stressed the importance of making government data more transparent, which suggests that new classifications can appear to help Americans understand how bitcoin is suitable for national economic standards.
Bitcoin strategic reserves?
Although Lutnick did not confirm whether the United States was already carrying Bitcoin in a strategic reserve, it was mentioned that the discussions are continuing. “When the administration wants to come up with these answers, we will rise,” he said, but she refused to provide details about the main holdings or administration.
He reiterated that Bitcoin is still on the administration’s agenda and praised Trump’s commitment to support the encryption community. “Trump’s promise to support Bitcoin, has been delivered,” Lottenic stated. “After addressing global trade and peace efforts, Bitcoin will definitely return to the agenda.”
