$BTC Now let's talk about the issue of the United States establishing a Bitcoin reserve. First, since Trump started running for election, he has been continuously expressing goodwill towards the cryptocurrency community. He understands people's hearts and knows what this community needs. Therefore, he won over this group of people even before Harris. It seems that there are more than 50 million players involved in cryptocurrency in the U.S. At the same time, the Trump family has also issued a large number of meme coins, making a substantial profit, which has allowed him to taste the sweetness and intuitively feel the charm of this community. Now he has confirmed his candidacy for the next president, and naturally, he needs to show his goodwill towards the crypto community, continuously expressing a bunch of plans he needs to implement once he takes office. Of course, he doesn't want any troubles during this transition period. Therefore, we need to think about some things during this process.
1. Bitcoin, as the number one in the crypto world, has a very high level of consensus, but as a virtual entity, a bunch of data, can it really be compared with physical gold?
2. As a strategic reserve for a country, this asset must have anti-depreciation and value-preserving properties in any scenario. Does Bitcoin, as a highly volatile virtual currency, hold this value?
3. For national reserves, the entry price must be very low. If it enters at 100,000 now, then Bitcoin at 100,000 will be at historical lows. Will the U.S. government help lift the fortunes of all Bitcoin miners, large holders, and institutions worldwide?
4. Trump was not friendly towards cryptocurrency during his last term. Is this sudden promotion of a series of policies a genuine affection for crypto, or is it a return for the votes of crypto players? Is it possible that it’s all just hot air with little substance?
Finally, I want to say that the mouths of politicians are deceitful. Benefits only come after policy implementation; before that, it's all just expectations. During the hype, it may seem promising, but when it lands, it may just be a mess. So always stay cautious and don't be swayed by the market's noise.