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 Trump‘s strategy of holding onto Bitcoin BTC/USD

What Happened: On Monday, Schiff took to X to voice his doubts about Trump’s 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.

“Now that the Biden administration is wise to his plan, they’ll make sure to sell every Satoshi before Trump takes office,” the Bitcoin skeptic remarked