【Peter Schiff proposes the creation of 'USA Coin' as an alternative to strategic Bitcoin reserves】Golden Finance reports that economist and gold advocate Peter Schiff has once again made it clear that he opposes strategic Bitcoin reserves and has proposed an alternative that the United States could adopt. Schiff stated on X that by creating 'USA Coin' instead of strategic Bitcoin reserves, the U.S. could save a significant amount of money. Similar to Bitcoin, the supply cap of USA Coin would be 21 million. He added that the coin should operate on an upgraded blockchain to make it truly usable for payments. Schiff is a Bitcoin skeptic and has repeatedly stated that he opposes the idea of strategic Bitcoin reserves. Previously, Peter Schiff indicated that one good thing Biden could do before leaving the presidency is to sell all the Bitcoin currently held by the U.S. government, as the funds raised could not only reduce the budget deficit for 2024 but also put an end to all the nonsense about 'strategic Bitcoin reserves.' He added, 'Biden could sell everything before Trump takes office, so Trump wouldn’t have to go back on his campaign promises.'

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