• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Creating a U.S. Bitcoin Reserve: Necessity or Risk?

user avatar

by Giorgi Kostiuk

3 hours ago


Donald Trump's initiative to establish a national bitcoin reserve is facing significant resistance in U.S. political circles. The main cause of criticism is the intertwining of private interests and public funds.

Project's Goal and Criticism

Donald Trump's project involves creating a national bitcoin reserve to strengthen the United States' position in the digital asset market. However, critics argue that the true motive is financial gain for Trump and his associates, claiming that the project serves private investors' interests more than the country's economic stability.

Concerns on Financial Stability

Critics, including a Federal Reserve official, warn of the potential risks to public funds, given the notorious volatility of the cryptocurrency market. Some economists consider this a dangerous move that could expose public finances to unwarranted risks.

Congressional Reaction and Next Steps

The legislator opposing the project is calling on the Treasury to backtrack, citing a lack of consultation with Congress and project transparency issues. This has raised concerns among experts.

The debate over the creation of a national bitcoin reserve continues, as discussions on the role of cryptocurrencies in state policy gain momentum. These issues are pertinent not only to the U.S. but also to other countries, like Russia, where the Central Bank is working to regulate the crypto market.

0

Share

Other news

U.S. Regulators Under Pressure as Coinbase Demands Clarity

Coinbase seeks transparency from U.S. regulators, filing Freedom of Information Act requests for clarity on regulatory actions.

user avatarGiorgi Kostiuk

a few seconds ago

Arctic Pablo Coin: A Second Chance for Crypto Investors

Arctic Pablo Coin offers new opportunities for investors after Brett's success with its unique presale structure.

user avatarGiorgi Kostiuk

a minute ago

Trump's Trade War: Impacts on Various Industries

How is Trump's trade war affecting the U.S. economy? Discover which industries are thriving and which are struggling due to the imposed tariffs.

user avatarGiorgi Kostiuk

a minute ago

Comparing Solana, Polkadot, and Qubetics in the Crypto World

Overview of Solana and Polkadot's roles and the emergence of Qubetics in blockchain.

user avatarGiorgi Kostiuk

2 minutes ago

JASMY Crypto Breaks Out of Triangle, Faces Key Resistance Ahead

JASMY crypto breaks from symmetrical triangle, with resistance at $0.01500-$0.01600 posing a significant hurdle.

user avatarGiorgi Kostiuk

3 minutes ago

Three Arrows Capital Files $1.53 Billion Lawsuit Against FTX

Three Arrows Capital increases its claim against FTX to $1.53 billion after asset liquidation in 2022.

user avatarGiorgi Kostiuk

3 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.