**Donald Trump's Strategic Plan Could Make Bitcoin Owners Rich**
In recent years, China and Russia have been significantly increasing their gold reserves, aiming to back their currencies with gold to challenge the dollar, which has not been backed by gold since the 1970s. The US, despite having the largest gold reserves, does not back its currency with gold due to the petrodollar system. This system, established in the 1970s, ensured global demand for the dollar by trading oil in US dollars. However, this agreement has expired, weakening the dollar and giving other countries a chance to strengthen their currencies.
Donald Trump has recognized this shift and has proposed an alternative solution to fortify the dollar: backing it with Bitcoin, which he refers to as "digital gold." He believes that Bitcoin's market capitalization will eventually surpass that of gold. His plan involves:
1. Accumulating a significant reserve of Bitcoin.
2. Pumping and stabilizing Bitcoinâs price to exceed gold's market capitalization.
3. Strengthening the dollar by backing it with Bitcoin.
Bitcoin's deflationary nature, with a capped supply of 21 million, makes it an ideal reserve that increases in value over time. Unlike gold, which can still be mined, once 51% of Bitcoin is held, it remains under control permanently. If Trump wins the presidency and implements this plan, it could be extremely bullish for Bitcoin. Holding at least 0.1 BTC could potentially ensure financial security for life.
