Anthony Scaramucci, founder and CEO of Skybridge Capital and former White House Communications Director, recently stated that the U.S. Senate will approve a large-scale Bitcoin purchase plan because U.S. President-elect Trump hopes that the plan can be realized and has obtained Senate Bank approval. Supported by the committee, up to 500,000 Bitcoins are expected to be available for purchase. (Preliminary summary: Get ahead of the United States! The former German Finance Minister suggested that Europe and the German central bank should include Bitcoin in their reserves) (Background supplement: Can the US "Bitcoin Strategic Reserve" be implemented in 2025? These time points are worthy of attention) Tianqiao Capital Anthony Scaramucci, founder of Skybridge Capital and former White House Communications Director, recently said in an exclusive interview with the Bankless Podcast that the U.S. government plans to purchase Bitcoin on a large scale, possibly as high as 500,000 Bitcoins, and will pass Senate review. It is expected that the Senate will approve the Bitcoin purchase plan. Scaramucci, who is close to many congressmen, talked about the Senate's current attitude towards the government's purchase of Bitcoin, and mentioned that the (Bitcoin Strategic Reserve Act) proposed by Senator Cynthia Lummis has received broad support and has enough votes to pass the bill, he believes the Senate will approve the plan to expand the government’s Bitcoin holdings. Although Lummis' initial proposal suggested buying up to 1 million Bitcoins, Scaramucci believes the final arrangement may be different, with the U.S. government expected to retain the roughly 200,000 Bitcoins it currently holds and then purchase an additional 400,000-500,000. Bitcoin, and Trump will play an important role: Trump wants to make this plan happen, and he controls the Senate Banking Committee. Tim Scott, who will serve as chairman of the Senate Banking Committee, also hopes to make it happen. It is worth noting that Scaramucci predicts that the Bitcoin purchase plan is expected to receive bipartisan support. He pointed out that although the Democratic Party has opposition senators such as Elizabeth Warren and Sherrod Brown, Democrats under the age of 60 will support the bill, and the participation of the younger generation will support the bill. Lawmakers increasingly view Bitcoin as “digital gold” and are therefore more willing to include it among federally held assets. Establishing reserves is in the national interest. Scaramucci’s core argument in favor of establishing a strategic Bitcoin reserve is to compare it with gold. The United States currently has about $600 billion in gold reserves. He believes that even a small part of it can be transferred to Bitcoin or even sell some gold. Reserves can also strengthen the U.S. economy in the era of digital transformation. Scaramucci’s position goes beyond holding Bitcoin, as he also believes that if China or other major economies quickly adopt Bitcoin reserves, the United States could lose its strategic advantage and the potential cost of purchasing 400,000 to 500,000 Bitcoins could be around 700 to $80 billion, accounting for only 1-1.5% of the $6 trillion federal budget, or equivalent to about 0.3% allocated over five years. Critics of the United States' establishment of a strategic Bitcoin reserve often argue that building large reserves could undermine global confidence in the U.S. dollar and raise questions about the basis for the U.S. dollar's support, but Scaramucci has a different view. He believes that the United States can use this to maintain technological competitiveness. Strengthening the Position of the Dollar: If we believe China will use Bitcoin as a strategic reserve asset, then what are we talking about? You're talking about buying Bitcoin with a fraction of your budget over five years, which could emotionally strengthen the dollar and put the U.S. in a better competitive position. Related reports: Will Japan build a Bitcoin reserve? Prime Minister Shigeru Ishiba: There is currently insufficient information, and security and liquidity are the primary considerations. Binance’s Bitcoin reserves fell below 570,000! Hitting a new low in 2024, will the miracle of soaring 90% happen again? Russia made a major announcement: It has opened the use of Bitcoin to pay for international trade. What is the next step to establish BTC reserves? "The founder of Tianqiao Capital broke the news: The Senate will approve the Bitcoin reserve plan! But the chance of purchasing 1 million coins is low." This article was first published in BlockTempo (Dongqu Dongzhu-the most influential blockchain news media) .

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