American financier Anthony Scaramucci shared his opinion on the recently announced strategic Bitcoin reserve in the US, stating that such a reserve will have a positive impact on the country itself.
Strategic Bitcoin Reserve in the US
Scaramucci stated that creating a bitcoin reserve fund will aid the US rather than Bitcoin itself. Back in November, he mentioned the possibility of this reserve being seen as 'the next Fort Knox'.
US Support Through Bitcoin
In his recent appearance on CNBC, Scaramucci noted that Bitcoin could be considered 'a very valuable long-term strategic asset'. Supporting Bitcoin through the creation of a reserve may help enhance the US's strategic and geopolitical significance.
Bitcoin Community's Reaction and Expectations
Despite the creation of the reserve, Bitcoin's price remains below expectations. Scaramucci acknowledged that the Bitcoin community had high expectations, which might explain some members' disappointment. The reserve is made up of only confiscated coins, without significant increase in volume. Nonetheless, it's possible to expand this fund by selling other forfeited assets and converting them into Bitcoin.
The creation of the strategic Bitcoin reserve in the US has sparked various reactions. While Bitcoin's valuation remains below expectations, Scaramucci believes that in the long run, it will strengthen the country's position on the global economic stage.
