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

How the U.S. Could Establish a National Bitcoin Reserve

user avatar

by Giorgi Kostiuk

6 months ago


The idea of establishing a national Bitcoin reserve in the U.S. has stirred debates beyond the crypto community, sparking wide-ranging discussions.

Polymarket Poll on U.S. Bitcoin Reserve

A recent poll conducted on Polymarket revealed that 40% of respondents believe President-elect Donald Trump will create a national Bitcoin reserve. Polymarket is a decentralized prediction market where users can speculate on real-world events by buying and selling shares. Current odds on the platform reflect that a significant number of participants think the Trump administration might endorse Bitcoin as a strategic reserve asset.

U.S. Bitcoin Reserve Under Trump

Currently, the U.S. government holds nearly 200,000 Bitcoins, seized from various legal cases. Experts, such as Alistair Milne of Altana Digital Currency Fund, suggest that Trump could effectively create a 'de facto' reserve simply by not selling these assets. Senator Cynthia Lummis has proposed a bill to allow the purchase of one million Bitcoins over five years, potentially aiding in national debt repayment.

Impact on Global Crypto Policy

The concept of a national Bitcoin reserve poses significant challenges. Jerome Powell, Chairman of the Federal Reserve, has stated that current law prohibits the Federal Reserve from owning Bitcoins. Such decisions require Congressional approval, yet Bitcoin's volatile price history raises concerns. Nations like Bhutan and El Salvador have already incorporated Bitcoin into their financial strategies, but on a much smaller scale. With a substantial share of Bitcoin and a strong economy, the U.S. can set a trend that other countries might follow.

Ongoing discussions about the potential reserve status of Bitcoin in the U.S. highlight the growing importance of cryptocurrencies in national financial policies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Dogecoin Up 5.86% as Speculation Grows Around America Party Support

chest

Dogecoin has risen by 5.86% due to speculation surrounding Elon Musk's new political party and potential support for cryptocurrencies.

user avatarGiorgi Kostiuk

SEC Streamlines Investment Path for Crypto ETFs: What It Means?

chest

SEC introduces a new standard for reviewing crypto ETFs, potentially transforming the digital asset market.

user avatarGiorgi Kostiuk

Removal of Pump.fun Token Sale Page on Gate.io: Reasons and Consequences

chest

Gate.io has removed the PUMP token sale page for Pump.fun, raising questions about token economics and legal issues.

user avatarGiorgi Kostiuk

Ethereum and Little Pepe Predictions: How Bitcoin May Change the Market

chest

Ethereum may reach $18,500 while Little Pepe may hit $3 if Bitcoin rises to $300,000. An analysis of factors and conditions.

user avatarGiorgi Kostiuk

Ruvi AI: Promising Token with High Returns

chest

Ruvi AI stands out among other crypto projects with its high income potential and real-world applications.

user avatarGiorgi Kostiuk

Bitcoin Might Reach $150,000 Thanks to 'Diamond Hands'

chest

Long-term Bitcoin holders may drive the price to $150,000. Find out the details.

user avatarGiorgi Kostiuk
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.