Trump Takes Office! How Will the U.S. BTC Strategic Reserve Operate?
Author | Jinze Translated by | WuBlockchain Original Article Link: https://mp.weixin.qq.com/s/OnLiqoBWLWTMIpelSxTOxQ The possibility of the U.S. establishing a BTC strategic reserve was proposed by Trump last summer, sparking endless imagination in the cryptocurrency market. Particularly now, with Trump officially taking office, market predictions suggest a greater than 50% likelihood that this will be implemented within the first 100 days of his administration (according to Polymarket betting data). Although many skeptics have questioned the stability and security of BTC, supporters argue that a BTC reserve could strengthen the U.S. dollar and combat inflation. There is ongoing debate among commentators about whether Trump can use executive power to create the reserve, directly direct the Treasury to allocate funds, or whether Congressional legislation is required. 1. What is a Strategic Reserve? A strategic reserve refers to a stockpile of critical resources that a nation can quickly...