Western economists warn that Donald Trump's plan to create a strategic reserve of bitcoins could fundamentally change the global economic landscape and trigger an 'arms race' in the cryptocurrency sector. It is believed that the elected president of the United States intends to make cryptocurrencies the center of his economic strategy.
The most discussed initiative has been the proposal to create a separate reserve for bitcoins. The essence of the plan is to purchase large volumes of cryptocurrency for the US over the next few years, which resembles the country's strategic petroleum reserve plan. Proponents of the strategic bitcoin reserve, including Republican Senator Cynthia Lummis, propose acquiring 200,000 bitcoins annually over five years. However, the first step may be to allocate the already existing 207,000 bitcoins in the reserve held by the US Treasury. Additional large purchases will depend on the approval of the Department of the Treasury, which, at this moment, expresses skepticism about this idea.
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