Investors Urge Trump to Create a National Cryptocurrency Reserve - Media.


According to a report by The Washington Post, cryptocurrency executives and investors are urging President Trump to create a national reserve of Bitcoins to pay off the U.S. national debt. They suggest that Trump purchase billions of dollars worth of Bitcoins and hold them in hopes of price appreciation.
However, experts caution that this could be very risky, as cryptocurrency prices are volatile and can drop. Nevertheless, Bitcoin holders who already possess this cryptocurrency could benefit from its appreciation if Trump decides to buy Bitcoins.
Experts note that such a reserve would be advantageous for Bitcoin owners, but from the perspective of implementing this idea, it lacks logic. Currently, the U.S. government holds reserves in foreign currencies, gold, and other important resources.
Read also
- Ukraine participates in the formation of NATO's Scientific and Technical Strategy
- The patronage services are planned to be introduced in all brigades and battalions of the Armed Forces of Ukraine
- The Telegraph: The UK is secretly preparing for a possible Russian attack
- Military personnel and veterans can receive free rehabilitation aids: how to apply
- The Austrian Ministry of the Interior investigates a large-scale Russian disinformation campaign against Ukraine
- New Tactics of Occupants Reported on the Front: Motorcycles, Drones, and Small Infantry Groups