Trump Posted That US Strategic Crypto Reserve Is Going Forward
It appears the United States government is going to have Bitcoin, Ethereum, and other cryptocurrency as part of a strategic reserve.
In this video I discuss how markets are excited about this announcement. It appears the USG is sitting on $19 billion worth if Bitcoin, something that it is not going to have to sell.
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This is great news because it could have a knock-on effect on other major economies around the world. No one will want to be left out.
the national crypto reserve is gonna b a milestone n crypto history, i think this will affect the 4y cycle pattern n crypto & will affect the way we think about "what does really hold a value" at the greater economic landscape, f the US took this step indeed many countries will follow, btc will indeed make into the list so the question is what other cryptos will b part of the reserve & what is the criteria? for example can pepe- bonk- dogwif & such memes b part of the reserve although they have no real use case & many would argue that they don't really have value!- we will see what happen anyway. have a good day