Permanent link to this post: According to a Polymarket poll, 40% of respondents believe Trump may create a bitcoin fund in the U.S.
Senator Cynthia Loomis has proposed legislation that would give the U. S. 1 million bitcoins over five years.
Countries such as Bhutan and El Salvador have already integrated #bitcoin into their financial systems. According to a recent Polymarket poll, 40 percent of respondents believe that President-elect Trump could create a bitcoin fund in the United States. This has sparked a debate about the role of bitcoin in the country's finances. The government already holds around 200,000 bitcoins, and the move could strengthen the US position in the global #cryptocurrency market.
The concept of creating a bitcoin reserve in the US has been heavily fueled by recent news and speculation, both in the cryptocurrency community and globally.
A recent Polymarket poll showed that 40% of respondents believe that President-elect Donald Trump will create a national bitcoin reserve fund.
Polymarket is a decentralized prediction marketplace. marketplace. On it, users can make guesses about real-world events by buying and selling stocks. Current odds on the platform show that many believe that the Trump administration may support bitcoin as a strategic reserve asset.
This hypothesis is consistent with Trump's previous statements on bitcoin and is backed up by the administration's statement.
supporters argue that by holding bitcoin as a reserve asset, the U. S. will be able to strengthen itself in the global cryptocurrency market and strengthen its financial planning. It holds about 200,000 bitcoins worth billions of dollars. Industry experts, such as Alistair Milne of Altana #Digital Currency Fund, believe that even if President Trump does not increase the bitcoin rate, simply not selling these assets would be effective.
They believe he can create reserve assets.
The National Bitcoin Reserve initiative has serious problems.
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