Could the US introduce a national Bitcoin reserve?
On X, crypto fans are buzzing with speculation that Donald Trump might unveil a proposal for a national Bitcoin reserve at the upcoming Bitcoin 2024 conference. This idea might stem from the cryptocurrency currently held by the US government, totaling 213,000 BTC, worth approximately $14 billion.
Ari Paul, founder of BlockTower Capital, believes that the notion of a US Bitcoin reserve might appear bullish for Bitcoin's price. However, he doubts its feasibility in the next four years, though he doesn’t entirely rule out Trump bringing it up at the conference. $BTC