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Donald Trump considering a Bitcoin Strategic Reserve

jondoe - 2024-07-22 21:13:45

Now this would be something…


Donald Trump is rumored to be considering a bitcoin reserve fund if he is elected president.


This would be huge.


From an administration that hates bitcoin to one that invests in it… what a change!


There is some caveat here though, as I think this fund would mostly be funded by bitcoin the government already holds.


So, it might not represent much new buying of bitcoin but it would remove a possible liability that could be sold by the DOJ.


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(Source: https://x.com/bitcoinlfgo/status/1815407972216160303/photo/1)