Trump's Bitcoin Strategy Comes Under Fire By Peter Schiff: If Ex-President Intended To Start A Strategic Reserve 'He'd Have Kept His Intention A Secret'
Well-known economist Peter Schiff questioned the real intentions behind former President Donald Trumpâs strategy of holding onto Bitcoin BTC/USD
What Happened: On Monday, Schiff took to X to voice his doubts about Trumpâs plan to use seized Bitcoin to start a strategic U.S. reserve. He cast aspersions that if Trump truly intended to implement this strategy, he would have kept it under wraps until he was back in office.
âNow that the Biden administration is wise to his plan, theyâll make sure to sell every Satoshi before Trump takes office,â the Bitcoin skeptic remarked