Trump Proposes National Bitcoin Reserve: What It Means for Crypto Investors 🇺🇸
Donald Trump suggests creating a strategic national bitcoin stockpile by retaining all government-held Bitcoin. Learn how this bold move could impact Bitcoin holders and the future of crypto policy.
About this video
Donald Trump announced a plan to keep 100% of bitcoin currently and future held by the US government as part of a "strategic national bitcoin stockpile" if elected president. The US government currently holds around over $11 billion worth of cryptocurrency from seizures, including more than 200,000 Bitcoin tokens. This represents around 1% of total bitcoin in circulation. A government stockpile could impact bitcoin's price positively by signaling it as a reserve asset, but it also means less bitcoin available for private investors to trade.
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Published
Aug 6, 2024
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