We really don't know if he will create a Bitcoin reserve for his nation however because of how much knowledge president Donald trump has gotten from cryptocurrency and how it can be beneficiary to the nation he may decide to create a Bitcoin reserve knowing fully well that is a form of creating more revenue for the nation in the future, I see a chance of him creating a Bitcoin reserve for his nation since he has always been talking about Bitcoin and right now he has started making move for crypto coin and since Bitcoin is the best crypto coin in the world he will not create a reserve for another coin apart from Bitcoin, we pray he those that because if he create a Bitcoin reserve for his nation I believe other nations in the world will follow suit and it will make Bitcoin grow more in price and value.
I really don't know why nations are scared of creating a Bitcoin reserve for them self, Bitcoin is a very good investment and if a nation create a Bitcoin reserve and hold for 10 to 20 years they will make a huge amount of profit if they are scared because of Bitcoin volatility then the long term holding they will do has won the Bitcoin volatility and Bitcoin volatility those not stop it from growing check the history of Bitcoin growth.
Topic: Will Trump Create a National Bitcoin Reserve? (Read 1130 times)
Can the President use executive orders to establish the strategic reserve? or does it need to go through the legislative process?
It must be going through a legislative process and got approval by senate. That's why Trump hired Lummis to do this job. This is gonna be a long term process, and must be going through various process. Lummis is gonna help him to ensure Bitcoin bill will be approved.
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Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
Trump announcing Bitcoin to be a Strategic Reserve is already bullish for the crypto industry, but to make it within the first 100 days. I guess that's the catalyst that we are looking for in order for Bitcoin to reach as high as $150,000. Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
The question is, will it happen? Will he prioritize it among other promises that he said that are non-related to crypto? There's a lot of problems that he must face and give solution like the illegal immigration, and others. With 28% probability, I don't think that he will prioritize that one in the next 100 days. There are way things for him to prioritize with. Let's not expect too much about it I guess for now.
Republicans control both houses but that doesn't mean they can do whatever they want and Democrats don't have a vote. The gap between the two parties in Congress is not too great. Republicans control the House of Representatives with 220 seats and Democrats have 215, while in the Senate, Republicans have only 55 seats and that means they will also have difficulty passing bills in the Senate. Not to mention, not all Republicans support cryptocurrencies. In short, bitcoin reserves would be a controversial issue if any proposal were to be put forward.
Furthermore, if the US government wants to pay off the national debt, they need to boost the economy and that is the only way, not relying on speculative assets to pay off the national debt.
Furthermore, if the US government wants to pay off the national debt, they need to boost the economy and that is the only way, not relying on speculative assets to pay off the national debt.
Yes. I'm aware of that. But who knows? Maybe some Democrats will go along with the idea of a Bitcoin reserve. Those few votes can really make a difference. Even if it doesn't happen, that doesn't mean "it's the end of the world". Bitcoin will carry on as usual like in the past. Just keep "hodling" until BTC goes all the way to $1m.
...
Especially when Republicans control both the House and Senate. These are going to be the most exciting 4 years in the history of crypto. Just you wait and see.
Especially when Republicans control both the House and Senate. These are going to be the most exciting 4 years in the history of crypto. Just you wait and see.
Republicans control both houses but that doesn't mean they can do whatever they want and Democrats don't have a vote. The gap between the two parties in Congress is not too great. Republicans control the House of Representatives with 220 seats and Democrats have 215, while in the Senate, Republicans have only 55 seats and that means they will also have difficulty passing bills in the Senate. Not to mention, not all Republicans support cryptocurrencies. In short, bitcoin reserves would be a controversial issue if any proposal were to be put forward.
Furthermore, if the US government wants to pay off the national debt, they need to boost the economy and that is the only way, not relying on speculative assets to pay off the national debt.
Can the President use executive orders to establish the strategic reserve? or does it need to go through the legislative process?
the president cannot unilaterally issue a policy on the national reserve-- the bill would need to go through legislative debate and that would involve the fed, and other relevant agencies. that's why trump's plan to create a national reserve with bitcoin is not a near-term possibility because it would require further debate by lawmakers and many other parties, until it is approved by a majority of lawmakers and then the bill could be implemented.
Well, it's an interesting idea. But Mr. Trump has only been the president little more than 48 hours, so... we will see... the future has the answer.
With Billions wasted on war to support countries they shouldn't have in the first place, you think they are broke to buy Bitcoin at that price? I don't want to say you are wrong and I can't say I'm right since Bitcoin is about speculations but if I'm sincere with you, Bitcoin reserve can be done and there is going to be a place where liquidity will be drawn without causing chaos in the economy, they have been doing this for long, they can do it again.
The problem that is going to be there is convincing millions of non binary money investors to look into Bitcoin. My mind is telling me a alternatively that what if these Meme coin he launched was to convince the government the benefits of having Bitcoin as a national reserve? This is going to be a great move but you know you can't predict politicoans because you don't know things they might be capable of doing next but I'm still sure it's not about the liquidity.
The problem that is going to be there is convincing millions of non binary money investors to look into Bitcoin. My mind is telling me a alternatively that what if these Meme coin he launched was to convince the government the benefits of having Bitcoin as a national reserve? This is going to be a great move but you know you can't predict politicoans because you don't know things they might be capable of doing next but I'm still sure it's not about the liquidity.
Well, I think the FED will start printing money to buy more Bitcoin. Then, it can use said BTC to grow its reserves. Once prices go all the way to the moon, the government can sell the BTC to help pay off the "National Debt". Rinse and repeat.
With how determined Trump is to restore the American economy, I think there's no turning back now. Convincing Congress to build a national reserve for Bitcoin should be a no-brainer. Especially when Republicans control both the House and Senate. These are going to be the most exciting 4 years in the history of crypto. Just you wait and see.
Can the President use executive orders to establish the strategic reserve? or does it need to go through the legislative process?
the president cannot unilaterally issue a policy on the national reserve-- the bill would need to go through legislative debate and that would involve the fed, and other relevant agencies. that's why trump's plan to create a national reserve with bitcoin is not a near-term possibility because it would require further debate by lawmakers and many other parties, until it is approved by a majority of lawmakers and then the bill could be implemented.
Most national reserves are managed by central banks. In the United States, the Fed is the national reserve management agency of the United States and is an independent organization and not subject to the control of the United States government. So Trump or any politician who wants to add bitcoin to the national reserves would need to bring the proposal to Congress for a vote.
It is safe to say that there is no other viable solution than convincing the parliament and needless to say, we all know how time consuming and difficult that will be. To be fair, a bitcoin reserve strategy could still become a reality, but it would take a long time and possibly even decades.
I want to be clear about one thing: The United States has never had any plans to include bitcoin in its national reserves, nor has there been any formal discussion about it. This is just an idea posted by a senator on social media and cannot be considered a plan.
However, the problem is that making bitcoin a reserve of the country is not easy because as you said there will be many twists and turns that must be gone through and of course it will take a long time because certainly not all American officials agree with this, especially opposition politicians will definitely put up resistance that makes this effort fail.
Moreover, the Fed also emphasized that the US central bank will not explore storing reserve assets in the form of Bitcoin. The FED also dismissed the possibility of storing Bitcoin reserves on the grounds of legal constraints. So here we can see that the Fed is not allowed to own Bitcoin. The Fed Act is also final and they do not want any changes to the law. Even if this is proposed in Congress, the Fed will still fight because it does not want any changes to the law at the Fed.
Moreover, the Fed also emphasized that the US central bank will not explore storing reserve assets in the form of Bitcoin. The FED also dismissed the possibility of storing Bitcoin reserves on the grounds of legal constraints. So here we can see that the Fed is not allowed to own Bitcoin. The Fed Act is also final and they do not want any changes to the law. Even if this is proposed in Congress, the Fed will still fight because it does not want any changes to the law at the Fed.
Trump officially became president and signed a series of executive orders on day one submitted by the Republican Party, but none of them were related to cryptocurrencies, let alone bitcoin reserves. That shows that cryptocurrencies are not a big concern for them, bitcoin reserve plans are becoming more and more far-fetched and unrealistic.
US doesn't have enough money/liquidity at the moment to buy @ $100k a bitcoin reserve, so Trump will need to increase their debt ceiling first.
With Billions wasted on war to support countries they shouldn't have in the first place, you think they are broke to buy Bitcoin at that price? I don't want to say you are wrong and I can't say I'm right since Bitcoin is about speculations but if I'm sincere with you, Bitcoin reserve can be done and there is going to be a place where liquidity will be drawn without causing chaos in the economy, they have been doing this for long, they can do it again.
The problem that is going to be there is convincing millions of non binary money investors to look into Bitcoin. My mind is telling me a alternatively that what if these Meme coin he launched was to convince the government the benefits of having Bitcoin as a national reserve? This is going to be a great move but you know you can't predict politicoans because you don't know things they might be capable of doing next but I'm still sure it's not about the liquidity.
At the moment (my feeling) I believe U.S have descent amount of bitcoin in their stock which I believe more than 150.K. .at the moment.
Trump would make his promise because he doesnt like war. Crypto better than war.
Trump would make his promise because he doesnt like war. Crypto better than war.
Within this year we will know if Donald Trump, will do the talk or it would be one of those fake promises that politicians make to us to get our votes. One thing is for sure that the talk of Bitcoin reserves has gone beyond America, alone,, other countries are in different stages of implementing it but I have a feeling that American decision under Donald Trump, whether to have a Bitcoin reserve or not will determine how far most of the countries that are showing interest will go. Having a Bitcoin reserve in America, is way more than what the president wants, so Trump, might make a move for it but I believe that it's not enough to guarantee the reserve in the US. But it will be nice to see Donald Trump, to live up to his promises by advocating for it. If by any chance their congress doesn't pass it, nobody can blame him for not living up to his campaign promise about Bitcoin reserve.
His term is four years long and he has more important tasks to deal with first, so if there is no proposal for a bitcoin reserve this year, we should not rush to conclude that he is a broken promise.
Even if there is no proposal for a bitcoin reserve and Trump does not mention it, we should not blame him. Because I think that, as a president, when he wants to put forward a proposal or an idea, he will at least consider how many people will support that idea and what the chances of success are . He cannot make rash proposals without the support of allies or Congress because that would just waste everyone's time. Don't be too harsh and quick to blame politicians just because they can't deliver on 1 or 2 of their promises because they can't decide everything on their own, they also need the consensus of other agencies and politicians .
The topic of Bitcoin reserves is a hot topic but if you notice , no country was discussing this idea until Trump mentioned it and with his victory, new countries started coming up with the same idea. So if the United States fails in this , it is no surprise that other countries will soon abandon the idea .
Many have jumped to the conclusion that when Trump promised that he would make Bitcoin a reserve currency he had the authority to make it a reality in a short period of time. What he said a while ago was just political talk - we can't be sure it will be done or not - and I doubt it. The plan still needs to be discussed further in Congress and then the Fed, etc., it's just too complex and lengthy a process to make Bitcoin a reserve currency, and in the end it's just a political promise.
Within this year we will know if Donald Trump, will do the talk or it would be one of those fake promises that politicians make to us to get our votes. One thing is for sure that the talk of Bitcoin reserves has gone beyond America, alone,, other countries are in different stages of implementing it but I have a feeling that American decision under Donald Trump, whether to have a Bitcoin reserve or not will determine how far most of the countries that are showing interest will go. Having a Bitcoin reserve in America, is way more than what the president wants, so Trump, might make a move for it but I believe that it's not enough to guarantee the reserve in the US. But it will be nice to see Donald Trump, to live up to his promises by advocating for it. If by any chance their congress doesn't pass it, nobody can blame him for not living up to his campaign promise about Bitcoin reserve.
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Trump is a business man that is why he invests his money in different places and that is why he invested in Bitcoin because he realizes that Bitcoin has a lot of potential for the future.
We have no evidence that he has invested in bitcoin so far. The only information we have is that according to ARKM his wallet only contains ETH and a lot of memecoin.
Also, a news that is shaking the crypto market today is that the new US president has created a memecoin named after himself, $TRUMP
. This is crazy and there is a lot of controversy about it. 
But he cannot decide alone about the reserve currency of a country or the whole world. Gold has been used as a reserve currency since ancient times and then the dollar started to be reserved. But suddenly not everyone will accept Bitcoin as a reserve currency because many countries still make Bitcoin illegal in their country. Although it is expected that all countries will legalize Bitcoin in the future. But no one can say from how many decades it might start being used as a reserve currency
Even though as president, Trump cannot and does not have the authority to decide to put bitcoin into the national reserve. What I wonder is that people who pay attention to US politics know this very well, but many pretend not to know and hope for a miracle to happen.
I also tried to spend time researching but found no information in the US constitution that allows Trump to make bitcoin a reserve without going through Congress and the Federal Reserve. The only way he can do that is to convince Congress and do you think that will be easy?
US doesn't have enough money/liquidity at the moment to buy @ $100k a bitcoin reserve, so Trump will need to increase their debt ceiling first.
Trump is a business man that is why he invests his money in different places and that is why he invested in Bitcoin because he realizes that Bitcoin has a lot of potential for the future. But he cannot decide alone about the reserve currency of a country or the whole world. Gold has been used as a reserve currency since ancient times and then the dollar started to be reserved. But suddenly not everyone will accept Bitcoin as a reserve currency because many countries still make Bitcoin illegal in their country. Although it is expected that all countries will legalize Bitcoin in the future. But no one can say from how many decades it might start being used as a reserve currency
Can the President use executive orders to establish the strategic reserve? or does it need to go through the legislative process?
Most national reserves are managed by central banks. In the United States, the Fed is the national reserve management agency of the United States and is an independent organization and not subject to the control of the United States government. So Trump or any politician who wants to add bitcoin to the national reserves would need to bring the proposal to Congress for a vote.
It is safe to say that there is no other viable solution than convincing the parliament and needless to say, we all know how time consuming and difficult that will be. To be fair, a bitcoin reserve strategy could still become a reality, but it would take a long time and possibly even decades.
Moreover, the Fed also emphasized that the US central bank will not explore storing reserve assets in the form of Bitcoin. The FED also dismissed the possibility of storing Bitcoin reserves on the grounds of legal constraints. So here we can see that the Fed is not allowed to own Bitcoin. The Fed Act is also final and they do not want any changes to the law. Even if this is proposed in Congress, the Fed will still fight because it does not want any changes to the law at the Fed.
Trump already has the richest man in the world by his side (Elon Musk). He can use his own money to buy some BTC and add it to the country's reserves. Or Mr. Musk can simply pay off the "National Debt" and solve America's issues once and for all.
There's no excuse to keep the US in debt now. Economic prosperity can be achieved. If it doesn't happen, it's because Trump and his team wanted it to keep it that way. We will have to see what happens within the next 4 years. I know for sure that Bitcoin will survive with or without the US (or any other country's) support. That's the beauty of decentralization.
There's no excuse to keep the US in debt now. Economic prosperity can be achieved. If it doesn't happen, it's because Trump and his team wanted it to keep it that way. We will have to see what happens within the next 4 years. I know for sure that Bitcoin will survive with or without the US (or any other country's) support. That's the beauty of decentralization.
It will survive, but it won't be going that well adoption-wise if that is the case.
We are now in the position where all stars are aligning, basically, to make this big push for Bitcoin globally all over the world.
And it would be good if this road would be followed, not forgotten or forbidden for everybody.
It's going to be funny if they are going to add Seize Bitcoin to what they want to reserve. What is going to be the objective reasons why the Bitcoin were seized and jailed the silk road guy, for their own benefit and what about the victims of the loss Bitcoin to the scams. If there is going to be a reserve which nobody is sure of, Trump will buy a new fresh Bitcoin from one of their recognize exchange which is Coinbase but personally, this guys ain't going buy any Bitcoin.
It's good to be anticipating actually but the problem America has right now is Bitcoin isn't going to be the easiest problem Donald Trump will start with. There are majority of citizens that are waiting for him to personalized their own problems and give them solution, even he is going to make it happen, I think it's not going to be soon. The market will be free and fair where everything will be done in government ways before announcements will come later.
It's good to be anticipating actually but the problem America has right now is Bitcoin isn't going to be the easiest problem Donald Trump will start with. There are majority of citizens that are waiting for him to personalized their own problems and give them solution, even he is going to make it happen, I think it's not going to be soon. The market will be free and fair where everything will be done in government ways before announcements will come later.
Trump already has the richest man in the world by his side (Elon Musk). He can use his own money to buy some BTC and add it to the country's reserves. Or Mr. Musk can simply pay off the "National Debt" and solve America's issues once and for all.
There's no excuse to keep the US in debt now. Economic prosperity can be achieved. If it doesn't happen, it's because Trump and his team wanted it to keep it that way. We will have to see what happens within the next 4 years. I know for sure that Bitcoin will survive with or without the US (or any other country's) support. That's the beauty of decentralization.
What financial problems will Bitcoin solve for the United States? And how can it strengthen the dollar when it is just a national reserve asset like gold, and not used to back the dollar as the gold standard did in the past?
The Trump administration has many pro-crypto politicians, which is extremely good for the crypto industry, but when it comes to national reserves, no one in the Trump administration can make a difference. Simply because the Fed is the regulator and has the power to decide on national reserves, and they are not under the control of the US government, including President Trump.
The only thing I can agree with you on is that if the US succeeds in creating a bitcoin reserve, a domino effect will occur worldwide.
The Trump administration has many pro-crypto politicians, which is extremely good for the crypto industry, but when it comes to national reserves, no one in the Trump administration can make a difference. Simply because the Fed is the regulator and has the power to decide on national reserves, and they are not under the control of the US government, including President Trump.
The only thing I can agree with you on is that if the US succeeds in creating a bitcoin reserve, a domino effect will occur worldwide.
I would say that Trump views the reserves more like a brand new thing to follow the lead in something for the US.
Imagine the charts and look at them even now - US, THE biggest owner of BTC reserves worldwide.
It's like Trump tweeted on X one time: he wants to make BTC "US-made", so to speak, imo.
Trump's move is not only Bold I think but also so realistic, because surely if it happened and Trump succeeds to fulfill his promise so it will be a good future for the United States and even I am sure there will be many other countries that will follow this fantastic move, especially after seeing the good impact, because I also believe this will be able to help overcome US financial problems and will even strengthen the US dollar in the future as conveyed by Senator Cynthia Lummis, and it will make many countries follow in this footsteps. By the way, if the idea of a Bitcoin reserve is realized, then America will be one of the first countries to officially hold Bitcoin as a reserve.
What financial problems will Bitcoin solve for the United States? And how can it strengthen the dollar when it is just a national reserve asset like gold, and not used to back the dollar as the gold standard did in the past?
The Trump administration has many pro-crypto politicians, which is extremely good for the crypto industry, but when it comes to national reserves, no one in the Trump administration can make a difference. Simply because the Fed is the regulator and has the power to decide on national reserves, and they are not under the control of the US government, including President Trump.
The only thing I can agree with you on is that if the US succeeds in creating a bitcoin reserve, a domino effect will occur worldwide.
Can the President use executive orders to establish the strategic reserve? or does it need to go through the legislative process?
As it was said by Balik - simple answer is no, there is more than that to make the event happen.
And much time is needed for the process.
Can the President use executive orders to establish the strategic reserve? or does it need to go through the legislative process?
Most national reserves are managed by central banks. In the United States, the Fed is the national reserve management agency of the United States and is an independent organization and not subject to the control of the United States government. So Trump or any politician who wants to add bitcoin to the national reserves would need to bring the proposal to Congress for a vote.
It is safe to say that there is no other viable solution than convincing the parliament and needless to say, we all know how time consuming and difficult that will be. To be fair, a bitcoin reserve strategy could still become a reality, but it would take a long time and possibly even decades.
Can the President use executive orders to establish the strategic reserve? or does it need to go through the legislative process?
I believe in Trump's promise to create a national bitcoin reserve, because I see that Trump is starting to gather some pro-crypto people around him, so I am sure that it will be realized soon, even so I think there are still many obstacles and peregrination to go through to make it happen, and when that day comes it will give credibility to crypto, especially Bitcoin.
After taking office as president, of course Trump will try to fulfill his campaign promise by creating a national BTC reserve. It must be admitted that Trump's move is very bold because there has been widespread debate, both domestically and internationally. How is the impact and potential for the domestic and global financial system. So of course Trump wants to realize this promise is not easy, he will face a lot of resistance both domestically and abroad.However, if President Trump's plan succeeds, of course this will continue to expand BTC ownership in their country, and it can cause a significant transformation especially in global goals. So this can affect countries around the world in viewing and utilizing bitcoin in their financial systems. So the point is, Trump's plan to build a national BTC Reserve is a good thing for the long term and has the potential to change the global financial map. Let's wait and see if this plan will work, but what is clear is that the world is watching it.
Reference : - Forbes
What is interesting now is whether the US government will execute the seized BTC. The US government holds 198,109 BTC. If it does, it seems funny and irrelevant according to his campaign promises before he won the last presidential election. However, it is interesting to follow.
It's going to be funny if they are going to add Seize Bitcoin to what they want to reserve. What is going to be the objective reasons why the Bitcoin were seized and jailed the silk road guy, for their own benefit and what about the victims of the loss Bitcoin to the scams. If there is going to be a reserve which nobody is sure of, Trump will buy a new fresh Bitcoin from one of their recognize exchange which is Coinbase but personally, this guys ain't going buy any Bitcoin.
It's good to be anticipating actually but the problem America has right now is Bitcoin isn't going to be the easiest problem Donald Trump will start with. There are majority of citizens that are waiting for him to personalized their own problems and give them solution, even he is going to make it happen, I think it's not going to be soon. The market will be free and fair where everything will be done in government ways before announcements will come later.
I believe in Trump's promise to create a national bitcoin reserve, because I see that Trump is starting to gather some pro-crypto people around him, so I am sure that it will be realized soon, even so I think there are still many obstacles and peregrination to go through to make it happen, and when that day comes it will give credibility to crypto, especially Bitcoin.
After taking office as president, of course Trump will try to fulfill his campaign promise by creating a national BTC reserve. It must be admitted that Trump's move is very bold because there has been widespread debate, both domestically and internationally. How is the impact and potential for the domestic and global financial system. So of course Trump wants to realize this promise is not easy, he will face a lot of resistance both domestically and abroad.However, if President Trump's plan succeeds, of course this will continue to expand BTC ownership in their country, and it can cause a significant transformation especially in global goals. So this can affect countries around the world in viewing and utilizing bitcoin in their financial systems. So the point is, Trump's plan to build a national BTC Reserve is a good thing for the long term and has the potential to change the global financial map. Let's wait and see if this plan will work, but what is clear is that the world is watching it.
I think that Trump will most definitely create a Strategic Bitcoin Reserve for the United States. The problem is that I think a lot of people are expecting him to announce some plan to purchase a million BTC and I don't think that will happen. I think Trump will keep most or all of the confiscated coins, and the market will probably not be effected either way. It would do a little to ease fears of a massive selloff in the immediate future, but the market is going to need someone else besides MicroStrategy to step up as a buyer if the price is going to go next level.
The FED can easily print money, so buying "1 million BTC" shouldn't be a problem. But first, Trump must solve the "National Debt" problem. Then, he talk about making the US "the crypto capital of the world". Having a national BTC reserve is not as easy as it sounds. Especially if the country is on the brink of bankruptcy.
Three things can happen during Trump's upcoming presidency. Either the US defaults, the debt ceiling is raised, or the "National Debt" is paid off in its entirety. Whatever happens, you can feel confident BTC won't be going away anytime soon. It will only become bigger and stronger over time. BTC didn't need spot ETFs or national reserves to reach a new ATH. It did fine in the past without the governments' (and institutional investors') support. With or without a US national reserve, BTC will be here to stay.
It all depends on their state and their plans. Trump certainly promised Bitcoin as a state reserve in his election campaign, which was a positive aspect for Bitcoin. So he will not be able to fulfill that promise independently after becoming president. He can also start this process with the consent of the people of his country. I do not know how much Trump will work or how successful he will be in keeping his promise. But I see the positive aspect of Bitcoin as great.
Politician's promise to gain votes, there is not even real commitment at dates, but he has 4 years to fulfill bitcoin promise.
I don't think it will happen, and if it happens, it won't happen in the first 100 days because Trump has bigger promises and bigger things to do. It will take more than 100 days to get to the promises about crypto currencies. I think he has a lot of work to do in foreign policy and I think he will deal with the 180-degree change in US foreign policy. He has so much work to do in Ukraine and the Middle East that crypto will not be in front of his desk in the first 3 months.
After he is done with foreign policy he will have to start to move onto immigration policies and that only may perfectly suck over one hundred days of his time. He may appear to be quite pro-Bitcoin, no doubt about it, but in the end one needs to remember there are big donors behind he campaign and he needs to also consider their interest when signing executive orders.
Those who are donors for the Trump team may not have in their interest for Bitcoin to become a widely accepted and known asset, after all Bitcoin dominance is completely antagonist with the dominance of the US dollar, both Trump and his donors would like to continue to see an increase of the power of the dollar against other fiat currencies, like the Euro and Yen.
Trump may end up just cutting taxes to those who decide to sell their Bitcoin and other decentralized currencies, but not much beyond that scope. He has already been proven to be effective at cutting taxes, after all.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
Due to his political personality, many people are not completely convinced by Donald Trump's statement about the strategic Bitcoin reserve. Some think it is a strategy to win his election. Some think that making Bitcoin a strategic reserve currency is a matter of time. However, from my perspective, what I understand is that Trump will definitely make a strategic reserve of Bitcoin, but it will take a long time for him to implement.Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
Trump will make Bitcoin a reserve currency for his benefit, for the benefit of his country, so why wouldn't he do it? The US will be the leader in everything related to finance. Just like America has a strategic oil reserve, they will definitely reserve Bitcoin. If Trump buys 1 million Bitcoin as planned and if the market cap of Bitcoin is 16 trillion, then America will get a huge financial support, which is why he has to do it. If he doesn't, Russia will certainly not be left behind. They will use that opportunity to protect their interests.
According to Polymarket's gamblers' analysis, the implementation of Bitcoin reserve currency is 28 percent, but according to my prediction, there is a possibility of 90 percent.After the first 100 days of his power, many things will become clear.
What is interesting now is whether the US government will execute the seized BTC. The US government holds 198,109 BTC. If it does, it seems funny and irrelevant according to his campaign promises before he won the last presidential election. However, it is interesting to follow.
As long as that doesn't happen and it's just news or plans, it will still remain speculations, it's not that I don't like the Bitcoin Reserves that Trump is planning, if it's true,
of course it can't just be implemented right away.
So, what's happening right now is that the crypto community around the world is being hyped about that, this is just my assessment, if all we hear on the day of the inauguration is positive sentiments, the chances are really high that Bitcoin's price rally will continue.
Frankly, no one likes or cares too much about bitcoin reserves, what people care about is how to get the bitcoin price as high as possible and to do that there needs to be big positive news. People just latch onto and grab onto whatever they think will make the price of bitcoin go up, and they blindly support it without ever researching whether it is viable and can become a reality.of course it can't just be implemented right away.
So, what's happening right now is that the crypto community around the world is being hyped about that, this is just my assessment, if all we hear on the day of the inauguration is positive sentiments, the chances are really high that Bitcoin's price rally will continue.
If I remember correctly Trump only mentioned the idea once and so far there has been no further news to suggest he is serious about it. People are just blowing things out of proportion and living in illusions, nothing more.
I don't think it will happen, and if it happens, it won't happen in the first 100 days because Trump has bigger promises and bigger things to do. It will take more than 100 days to get to the promises about crypto currencies. I think he has a lot of work to do in foreign policy and I think he will deal with the 180-degree change in US foreign policy. He has so much work to do in Ukraine and the Middle East that crypto will not be in front of his desk in the first 3 months.
I think about that too.
But when it happens - we surely will have our ears ready for some more promises or even actions taken.
There is always bigger fish to fry in the office than crypto, but the time will come for it too, surely.
legendary
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~
We need to be clear that Trump only mentioned the idea of including Bitcoin in the national reserve during the election. He has not officially become president, so he has no authority to ask or urge Congress to do anything, and he has never asked Congress to consider the idea. Even if he officially becomes president, he still needs to propose his ideas for a vote by Congress. Urging parliament to pass statements on social media is just a political stunt to please people, and it only shows that he is not serious about the idea.
What Trump wants is the power to interfere in the Fed's decisions, and he mentioned this during the election campaign. But honestly, no president has done that before, and Trump is no exception. The Fed needs to remain independent and separate from government influence because that is how the US dollar maintains its dominance worldwide. Congress knows this better than anyone, so don't expect bipartisan politicians to side with Trump over the Fed if they fight each other.
I don't think it will happen, and if it happens, it won't happen in the first 100 days because Trump has bigger promises and bigger things to do. It will take more than 100 days to get to the promises about crypto currencies. I think he has a lot of work to do in foreign policy and I think he will deal with the 180-degree change in US foreign policy. He has so much work to do in Ukraine and the Middle East that crypto will not be in front of his desk in the first 3 months.
Nobody here can tell the future, we all heard most of the things the president-elect said he would do during his campaign, and you can ask us all you want if he will do it or not, the answer will still be that we do not know. However, i don't think there is any need to speculate too much, in a few days Trump takes office, and then we would witness what will be done and if the Fed reserve will agree to a BTC strategic reserve in the U.S.
Of course no one can predict the future, whatever has been said and done before is not necessarily happening tomorrow, so what we have seen and heard from Trump's remarks for the future of bitcoin in the US, this is still speculation, in a democratic country you cannot decide this based on the president's words alone, there still needs to be deliberation with the cabinet and also agencies related to economic policy in that country, because after all if the US makes bitcoin a reserve asset it will change the investment path of investors there, and companies in the US may be a little unattractive and prefer bitcoin to the stock market, so considerations must be very long about this, after being inaugurated it is unlikely to be legalized immediately because it certainly requires a lot of approval from government agencies including the Fed. 
~snip~
The Federal Reserve and Congress are the most powerful and authoritative bodies to decide on national reserves. It is puzzling that people ignore them and focus on Trump when he has no authority to decide that.
I also care about bitcoin reserves but I care more about what the Fed and congress say about it than Trump. But so far, the Fed has flatly rejected that idea, so I'm not optimistic that we'll have a bitcoin strategic reserve anytime soon.
The Federal Reserve and Congress are the most powerful and authoritative bodies to decide on national reserves. It is puzzling that people ignore them and focus on Trump when he has no authority to decide that.
I also care about bitcoin reserves but I care more about what the Fed and congress say about it than Trump. But so far, the Fed has flatly rejected that idea, so I'm not optimistic that we'll have a bitcoin strategic reserve anytime soon.
Sometimes it seems to me that many people think that Donald has similar powers as Bukele, so they think that this idea is actually a done deal. Unfortunately for them, it's not like that in the US, even though Donald has appointed a bunch of clowns to key positions with which they will try to achieve their policies.
I personally think this idea is bad for BTC in the long run - because what good can come from the most powerful country in the world getting involved with BTC? In that case, it would only be a matter of time before these same people, obsessed with as much control as possible, would start looking for solutions to centralize BTC as much as possible.
Nobody here can tell the future, we all heard most of the things the president-elect said he would do during his campaign, and you can ask us all you want if he will do it or not, the answer will still be that we do not know. However, i don't think there is any need to speculate too much, in a few days Trump takes office, and then we would witness what will be done and if the Fed reserve will agree to a BTC strategic reserve in the U.S.
I am not seeing the Fed chair Jerome Powell as a big problem for Trump's actualisation of making bitcoin a reserve for the US, but rather it's the Congress house I am most concerned about . The congressional has so much to wield on this matter and if they get to be on bitcoin's favour then Powell has no say but otherwise then that's a big problem for Trump.
legendary
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I am not seeing the Fed chair Jerome Powell as a big problem for Trump's actualisation of making bitcoin a reserve for the US, but rather it's the Congress house I am most concerned about . The congressional has so much to wield on this matter and if they get to be on bitcoin's favour then Powell has no say but otherwise then that's a big problem for Trump.
In recent news now it is said that the US government under Joe Biden are planning on selling $6.5 billion worth of seized BTC just in same way Germany government did in mid 2024. All this coming at a time when Trump has proposed on making bitcoin a reserve. It's possible that this sell is to truncate Trump's success with the reserve idea as this sells could actually discourage Congress members towards pitching on Trump's idea of a bitcoin reserve seeing how bitcoin could dump with this sell. Although the market will surely recover later, but not every politician thinks in that direction.
Even if the US government owned more bitcoin, that wouldn't increase the chances of Trump's bitcoin reserve idea succeeding. Because the Fed and Congress will value bitcoin based on many factors because national reserves are important, not based on how much bitcoin the US government owns. That's why Powell said he's not interested in bitcoin because it doesn't meet the standards they need.
The Fed is an independent agency whose mission and job is to regulate the U.S. and world economies through monetary policies and ensure economic stability. They are unconcerned and unaffected by the political rivalry in the White House.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
He already said that he wants to create a Bitcoin national reserve. But the problem is that Powell disagree with him,
linkIn recent news now it is said that the US government under Joe Biden are planning on selling $6.5 billion worth of seized BTC just in same way Germany government did in mid 2024. All this coming at a time when Trump has proposed on making bitcoin a reserve. It's possible that this sell is to truncate Trump's success with the reserve idea as this sells could actually discourage Congress members towards pitching on Trump's idea of a bitcoin reserve seeing how bitcoin could dump with this sell. Although the market will surely recover later, but not every politician thinks in that direction.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
https://t.me/PumpDoom
I really don't know what to think about this, the main reason is that we are talking about Trump, an individual that would say everything in order to get votes and/or public support. It's really a 50/50 situation this one. Of course if there is a possibility it's just because Trump at least actually understands that bitcoin can help the US while Biden and the other democrats are extremely against it.Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
https://t.me/PumpDoom
Also, we should note that even if Trump is serious about creating a bitcoin strategic reserve, that doesn't mean it will definitely become a reality. Any new bill needs to be presented to parliament and voted on for passage, would the majority of Republicans and Democrats, Congress and the Federal Reserve fully support his idea?
The Federal Reserve and Congress are the most powerful and authoritative bodies to decide on national reserves. It is puzzling that people ignore them and focus on Trump when he has no authority to decide that.
I also care about bitcoin reserves but I care more about what the Fed and congress say about it than Trump. But so far, the Fed has flatly rejected that idea, so I'm not optimistic that we'll have a bitcoin strategic reserve anytime soon.
United States already have a strategic reserve and they are profiting from the rise of the price to drop parts of it. They don't really have it, legally talking, but they can own it at the right time. I am talking about confiscated Bitcoin all these years and what we aren't aware about in their different agencies.
Now creating a real strategic reserve might be challenging without destroying the price hardly to force people to sell, then buy and make it rise again.
Now creating a real strategic reserve might be challenging without destroying the price hardly to force people to sell, then buy and make it rise again.
I think that Trump will most definitely create a Strategic Bitcoin Reserve for the United States. The problem is that I think a lot of people are expecting him to announce some plan to purchase a million BTC and I don't think that will happen. I think Trump will keep most or all of the confiscated coins, and the market will probably not be effected either way. It would do a little to ease fears of a massive selloff in the immediate future, but the market is going to need someone else besides MicroStrategy to step up as a buyer if the price is going to go next level.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
https://t.me/PumpDoom
I really don't know what to think about this, the main reason is that we are talking about Trump, an individual that would say everything in order to get votes and/or public support. It's really a 50/50 situation this one. Of course if there is a possibility it's just because Trump at least actually understands that bitcoin can help the US while Biden and the other democrats are extremely against it. Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
https://t.me/PumpDoom
we already heard Trump criticized Bitcoin in the past, calling it risky and not real money. 
Politicians change stances as the gloves they wear.
We don't need to be picky on that.
By common sense, yes, if they maintain reserves of minerals and other natural resources, the idea of the United States adopting Bitcoin as a measure to diversify and cover economic flanks is suitable because it could offer protection against inflation and other economic risks, given its decentralized nature and its potential for appreciation.
As long as that doesn't happen and it's just news or plans, it will still remain speculations, it's not that I don't like the Bitcoin Reserves that Trump is planning, if it's true,
of course it can't just be implemented right away.
So, what's happening right now is that the crypto community around the world is being hyped about that, this is just my assessment, if all we hear on the day of the inauguration is positive sentiments, the chances are really high that Bitcoin's price rally will continue.
of course it can't just be implemented right away.
So, what's happening right now is that the crypto community around the world is being hyped about that, this is just my assessment, if all we hear on the day of the inauguration is positive sentiments, the chances are really high that Bitcoin's price rally will continue.
legendary
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I'm not going to bet on it but if I had to I would bet that he will indeed set up the strategic reserve. You can't trust a politician's promise but in this case he has appointed a lot of people around him who are pro-bitcoin, plus the recent sale of bitcoins, reducing the number that the stockpile would have, I think would be another catalyst that motivates him to create it.
Well, I guess it's not the first time Trump has said one thing and then changed his mind, but especially with bitcoin this is relatively frequent.
5 billionaires who publicly hated crypto then changed their minds
This is just a sample, as the article does not include Michael Saylor, for example.
we already heard Trump criticized Bitcoin in the past, calling it risky and not real money.
Well, I guess it's not the first time Trump has said one thing and then changed his mind, but especially with bitcoin this is relatively frequent.
5 billionaires who publicly hated crypto then changed their minds
This is just a sample, as the article does not include Michael Saylor, for example.
we already heard Trump criticized Bitcoin in the past, calling it risky and not real money.
It's one of those things that are easier said than done. I'm not very optimistic about it, at least for his first 100 days. I probably share the same estimate reflected by Polymarket bets. Indeed, there's low probability that it will happen.
However, on the brighter side, I guess it's a lot easier for states to do that. They might establish Bitcoin strategic reserves on their level way before the federal government does.
Very recently, a bill is presented in the State of New Hampshire for it to establish a Bitcoin strategic reserve. Another bill is introduced in the state of North Dakota for state funds to be invested in Bitcoin. They're just two among many. This will go on.
However, on the brighter side, I guess it's a lot easier for states to do that. They might establish Bitcoin strategic reserves on their level way before the federal government does.
Very recently, a bill is presented in the State of New Hampshire for it to establish a Bitcoin strategic reserve. Another bill is introduced in the state of North Dakota for state funds to be invested in Bitcoin. They're just two among many. This will go on.
I know there are a lot of people who are hopeful about the idea of bitcoin reserves because that would trigger a huge bull run and bitcoin could quickly hit $200k-300k. But the reality is that there is virtually no chance of that happening in the near future, let alone a slim chance. The Fed isn't interested in the idea, Trump doesn't have the power to decide on national reserves, bitcoin isn't a top priority for the government yet, politicians in both parties are still arguing and can't agree on a stance regarding bitcoin....All of this suggests that bitcoin reserves are not going to happen in the near future, or even during Trump's term.
I agree, we should start this idea with the states, it is much more feasible and practical. New Hampshire is the fourth state to propose establishing a bitcoin reserve, and more states are expected to join the race. If more states join the race to build bitcoin reserves, it would be an extremely optimistic stepping stone toward the formation of a national bitcoin reserve.
https://x.com/Dennis_Porter_/status/1877746381949116787
It's one of those things that are easier said than done. I'm not very optimistic about it, at least for his first 100 days. I probably share the same estimate reflected by Polymarket bets. Indeed, there's low probability that it will happen.
However, on the brighter side, I guess it's a lot easier for states to do that. They might establish Bitcoin strategic reserves on their level way before the federal government does.
Very recently, a bill is presented in the State of New Hampshire for it to establish a Bitcoin strategic reserve. Another bill is introduced in the state of North Dakota for state funds to be invested in Bitcoin. They're just two among many. This will go on.
However, on the brighter side, I guess it's a lot easier for states to do that. They might establish Bitcoin strategic reserves on their level way before the federal government does.
Very recently, a bill is presented in the State of New Hampshire for it to establish a Bitcoin strategic reserve. Another bill is introduced in the state of North Dakota for state funds to be invested in Bitcoin. They're just two among many. This will go on.
Trump received a gift from the left. The California fires are a reason for Trump to declare martial law in California.
He can say the money criminally spent on illegals in California caused the slow repair of the 117 million gallon reservoir in PCH area. Thus letting the fires burn out of control due to empty hydrants.
I am think Trumps is going to switch tactics and go after California before he does anything else.
Should be fun to watch this.
US crypto people need to wait a while.
He can say the money criminally spent on illegals in California caused the slow repair of the 117 million gallon reservoir in PCH area. Thus letting the fires burn out of control due to empty hydrants.
I am think Trumps is going to switch tactics and go after California before he does anything else.
Should be fun to watch this.
US crypto people need to wait a while.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
https://t.me/PumpDoom
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
https://t.me/PumpDoom
Will Trump do it? Of course he will. He's already deep in the crypto/Blockchain game. It'll be up to Congress to approve Trump's hopes of a BTC national reserve. With a Republican majority in both the House and Senate, the odds for approval are high. Such a move will not only benefit America and the US Dollar, but also the entire world. After all, the USD is the world's reserve currency.
This reminds me of the good 'ol days when the USD was backed by Gold. The government started stockpiling Gold, which contributed towards a prosperous economy for all Americans. Exciting times ahead for all Bitcoiners. The question is: Are you buying and holding BTC until the "big pump"? Or are you selling? Only smart people will "hodl" long-term for huge rewards. Just my opinion
I'm not sure if this is a bot asking the question for clicks and joins in their telegram, or a genuinely interested individual. For the sake of my mood, I choose to believe the latter.
At first I was skeptical about the strategic reserve, but I'm gradually becoming more and more convinced that it might actually become reality. Seems like a handful of countries are thinking of doing the same, so it's difficult all this to be due to Trump hype.
At first I was skeptical about the strategic reserve, but I'm gradually becoming more and more convinced that it might actually become reality. Seems like a handful of countries are thinking of doing the same, so it's difficult all this to be due to Trump hype.
During his campaign rallies, Trump promised to create a national bitcoin reserve in the US, during the time of his presidential campaign rallies, Trump and his vice attended a programme which was hosted by mainly bitcoiners, and in a short clip which I watched, Trump addressing the people told every one to hold their bitcoin, that he is going to create a bitcoin national reserve in the US, and not just this, that he is also going to make US the headquarter of bitcoin and cryptocurrencies at large.
This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.
If Trump didn't fulfill his promise no one would arrest him because he has already gotten what he wanted, according to the way things are going he will try his best to have more support but it will be good if we don't expect much from Trump because not everyone that like the idea he came with and not some people that want him to become the president, we should also remember that he also makes the promise to win the election.This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.
During his campaign rallies, Trump promised to create a national bitcoin reserve in the US, during the time of his presidential campaign rallies, Trump and his vice attended a programme which was hosted by mainly bitcoiners, and in a short clip which I watched, Trump addressing the people told every one to hold their bitcoin, that he is going to create a bitcoin national reserve in the US, and not just this, that he is also going to make US the headquarter of bitcoin and cryptocurrencies at large.
This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.
This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.
Trump made a promise to create a national Bitcoin during the election and that doesn't mean that he will fulfill his promise by doing such a thing, it will be very good if he makes that happen because it will be a favor to those who have Bitcoin and those who know much about Bitcoin but we all know Politics, people can make a promise when it comes to Politics in other to achieve their goals or to win the election and after winning the election they will pretend like they are not the one that made the promise.
If Trump didn't fulfill his promise no one would arrest him because he has already gotten what he wanted, according to the way things are going he will try his best to have more support but it will be good if we don't expect much from Trump because not everyone that like the idea he came with and not some people that want him to become the president, we should also remember that he also makes the promise to win the election.
He said it but it remains as a promise until it becomes a reality. So having a timeframe of within 100 days. I don't think that the time set by the bookie is going to be enough to fulfill that. There will be a lot of considerations that need to be set for them before making it happen but I guess with the right people it could be expedited but no one knows, Trump isn't yet on the office yet.
If not that Bitcoin is all about speculations, I would have say that we don't know what we are doing. I was watching some of his press conference and he was more importantly interest in how some of the hostage in the middle east are going to get home safely or he'll will lose, he made mention of other things but Bitcoin wasn't mentioned in the things he said and that made me know that this dream we want to actualize will take long than we anticipate.
There are big issues and many things the presidency has on their mind than just this promise. Out of the promises he mentioned, this is the least fiscal policy I see on his promises and that doesn't lies on his hand, the law and Bill has to be passed first before this can happen which the presidency doesn't have that power, the most he can do is to influence it and how many people are in the house that really support Bitcoin before their election, less than 5% in the house.
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It is hard to know the government's true intention, but based on its political beliefs and operations, it is impossible for any government to create a National reserve for Bitcoin. Although there is a chance it will change, the possibility is low.
What I believe is that Trump will introduce some platforms and features that will support the use of Bitcoin as payment, etc. Creating a reserve for it is what I don't see happening.
What I believe is that Trump will introduce some platforms and features that will support the use of Bitcoin as payment, etc. Creating a reserve for it is what I don't see happening.
If that happen then the prive could go to the moon, Just think about how much money they could inject to the cryptos market cap, if they decide to go for a big pie e of cake then we are talking about billions or even trillions for the market.
I don't think a desition like that can be take only by the president, peple must vote that desition.
I don't think a desition like that can be take only by the president, peple must vote that desition.
It would all still be in the hands of the big fellas.
But if the decision and the promise that was made were halted, it may be a bad sign and a hit for the sentiment to come.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
He said it but it remains as a promise until it becomes a reality. So having a timeframe of within 100 days. I don't think that the time set by the bookie is going to be enough to fulfill that. There will be a lot of considerations that need to be set for them before making it happen but I guess with the right people it could be expedited but no one knows, Trump isn't yet on the office yet.
Many have jumped to the conclusion that when Trump promised that he would make Bitcoin a reserve currency he had the authority to make it a reality in a short period of time. What he said a while ago was just political talk - we can't be sure it will be done or not - and I doubt it. The plan still needs to be discussed further in Congress and then the Fed, etc., it's just too complex and lengthy a process to make Bitcoin a reserve currency, and in the end it's just a political promise.
How about you? What do you think?
Instead of asking whether he created the bitcoin reserve, we should ask whether he had the authority to do so. Even though he is the president, that doesn't mean he has the power to make every decision or do whatever he wants. American politics and economics don't work that way and don't depend solely on the president. Each department, agency, and agency has its own jurisdiction, and national reserves are not under government control.
Trump can propose and appoint Fed chairmen, and he appointed Jerome Powell in 2017, but he does not have the power to fire him or dictate what Jerome Powell should or should not do.
National reserves are a very important issue and need the approval of the Fed and Congress, Trump has no right to decide on this issue.
Here's an unpopular opinion...
A Bitcoin Reserve is a bad idea. The U.S. should spend money to pay down its debt rather than going deeper into debt buying bitcoins.
A Bitcoin Reserve is a bad idea. The U.S. should spend money to pay down its debt rather than going deeper into debt buying bitcoins.
The US debt is unsustainable whether they create a reserve or not but if bitcoin increases in value they could use the profits from the reserve to pay down the debt.
Obviously this will pump and dump the price making BTC more centralized.
The idea of US bitcoin reserve is unlikely in Trump's 1st 100 days. It need clear regulations, Congress approval and plans to handle bitcoin volatility. Bitcoin's growing popularity makes it appealing but it is a big shift for US policy.
How about you? What do you think?
Ruler politics is making promises that focus on pleasing the people and electing them. It has been made by Trump during the presidential election campaign period. I don't know for sure whether it will be done or not, because politics always contains ambiguous words that can always be changed. In addition, many argue that Trump's decision was wrong and many disagree with Trump buying Bitcoin as a reserve of state assets. Indeed, from the beginning Trump was pro-crypto, so I think there is a great chance that the promise will be implemented.
During his campaign rallies, Trump promised to create a national bitcoin reserve in the US, during the time of his presidential campaign rallies, Trump and his vice attended a programme which was hosted by mainly bitcoiners, and in a short clip which I watched, Trump addressing the people told every one to hold their bitcoin, that he is going to create a bitcoin national reserve in the US, and not just this, that he is also going to make US the headquarter of bitcoin and cryptocurrencies at large.
This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.
Wow, so Trump did actually say all these things. When I read them, I take them as rumours packaged the rise the price of bitcoin. I mean, did Trump actually advise people to hold their coin and did he actually say that he will create a bitcoin national reserve. Where did the idea come from. I am sorry to say, if Trump did actually promise to create bitcoin reserve, he will do so. The dude likes honouring his words to maintain his prestige. Let's all be hopeful that 2025 will be a bitcoin year. This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.
How about you? What do you think?
He's into crypto and Bitcoin and I firmly believe that he will do his best to create that Strategic Bitcoin Reserve and that will truly impact the value of Bitcoin. Trump got enough votes from crypto community this time and surely it's one of his objectives to create such a reserve to gain more popularity among crypto community. Although, nothing is confirmed yet but I believe he's already working on that thing but not showing it publicly yet.
I believe in Trump's promise to create a national bitcoin reserve, because I see that Trump is starting to gather some pro-crypto people around him, so I am sure that it will be realized soon, even so I think there are still many obstacles and peregrination to go through to make it happen, and when that day comes it will give credibility to crypto, especially Bitcoin.
Here's an unpopular opinion...
A Bitcoin Reserve is a bad idea. The U.S. should spend money to pay down its debt rather than going deeper into debt buying bitcoins.
A Bitcoin Reserve is a bad idea. The U.S. should spend money to pay down its debt rather than going deeper into debt buying bitcoins.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
Will Trump establish a bitcoin reserve policy? The chances are on the high side. Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
Will that happen within the next 100 days in office? The chances for that are slim; 100 days in office is too small for him to get that into effect; there are things that he should focus on in his first 100 days before the promise he made to the bitcoin community will come afterward.
I believe by now everything should already be in place, draughted, and edited, just waiting for it to be presented to Congress. If he wants to get it as one to do things within this first 100 days in office, he can make that happen, but the speed will depend on Congress's approval too.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
Polymaket's close predictions of the US elections have made them popular and one can say they have shown some level of fairness. But these centralized gambling companies are not immune to manipulation so we cannot fully trust the outputs. Trump has made some promises that is hard to believe that he can accomplish. But there are strong indications from his camp that he is interested in making Bitcoin a reserve currency. His appointment of people who are pro-crypto in his cabinet is a positive sign and his son Eric Trump also affirmed his father's willingness to do it. But he would face some challenges like how to convince or coerce Federal Reserve Chair Jerome Powell to change his negative stance.
Will Trump Establish a BTC Reserve?
How about you? What do you think?
He can not do it only by himself, and he needs support from both parties in Parliament and Congress. He want to do this but he won't easily achieve it especially as we know politics in the USA. is very polarized recent years. It won't change after Trump inaguration and take the White House back.How about you? What do you think?
Yes, US politics is very polarized and any bill needs support from both parties in Congress, Trump cannot decide on his own even though he is the president. But in addition to his victory, both the House and Senate are controlled by Republicans this term, which will give Trump maximum power and make it easier to pass bills.
But the real question is whether he is serious about this idea or is it just a random statement on his part to win over voters during the election campaign? Besides, this is not a very important issue and as president, he has more important things to deal with in the first year of his term. So we should not expect too much.
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
He already said that he wants to create a Bitcoin national reserve. But the problem is that Powell disagree with him,
Quote
Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.
"We're not allowed to own bitcoin," Powell said at a press conference following the Fed's latest two-day policy meeting, in which policymakers cut rates as expected while signaling a less certain path for monetary policy in the months ahead.
"We're not allowed to own bitcoin," Powell said at a press conference following the Fed's latest two-day policy meeting, in which policymakers cut rates as expected while signaling a less certain path for monetary policy in the months ahead.
https://www.reuters.com/technology/fed-cant-hold-bitcoin-not-seeking-change-that-powell-says-2024-12-18/
So most likely Poly or those who bet against it or that 28% probability is holding that statement from the Fed chair. So there will be a power struggle between the two. And I think the only way that Trump can force his way is to direct the US congress to create it for him.
For now, it is still open so it's hard to predict whether it can be done in his first 100 days in the office.
Will Trump Establish a BTC Reserve?
How about you? What do you think?
He can not do it only by himself, and he needs support from both parties in Parliament and Congress. He want to do this but he won't easily achieve it especially as we know politics in the USA. is very polarized recent years. It won't change after Trump inaguration and take the White House back.How about you? What do you think?
Discussions on it are a lot in two following topics but perhaps there are more similar topics.
Donald Trump Confirms Bitcoin Reserve Plans
How will other nations respond to US Bitcoin reserve proposal./url]
It's an interesting idea, but a National Bitcoin Reserve seems unlikely within 100 days. Policy changes of this scale require time and bipartisan agreement. Let's watch how it unfolds!
If that happen then the prive could go to the moon, Just think about how much money they could inject to the cryptos market cap, if they decide to go for a big pie e of cake then we are talking about billions or even trillions for the market.
I don't think a desition like that can be take only by the president, peple must vote that desition.
I don't think a desition like that can be take only by the president, peple must vote that desition.
28% is a fairly low probability, I find it pretty interesting considering Trump's active pro-Bitcoin rhetoric during the election campaign. But it seems that predictions vary, with the highest probability being 60%. I think that Trump has other more immediate matters to attend to once he becomes president, and a decision like this would require support within his party and perhaps within certain US institutions, so it's not something easy to pull off.
During his campaign rallies, Trump promised to create a national bitcoin reserve in the US, during the time of his presidential campaign rallies, Trump and his vice attended a programme which was hosted by mainly bitcoiners, and in a short clip which I watched, Trump addressing the people told every one to hold their bitcoin, that he is going to create a bitcoin national reserve in the US, and not just this, that he is also going to make US the headquarter of bitcoin and cryptocurrencies at large.
This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.
This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.
we don't know for sure what his plan is, but what is certain is that even though he has a big plan to make bitcoin a reserve, the plan must go through congressional approval and that might be even more complicated because there must be many considerations about why bitcoin is used as their reserve, such as volatility factors, legal certainty, etc.
so there is no need to expect too much that trump will make bitcoin a reserve because it is still unclear. the most important thing is how he can fulfill his promise to bitcoin, and if he can do that, that would be much better.
so there is no need to expect too much that trump will make bitcoin a reserve because it is still unclear. the most important thing is how he can fulfill his promise to bitcoin, and if he can do that, that would be much better.
https://i.imgur.com/C0Zrmp0.jpeg
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
https://t.me/PumpDoom
Will Trump Establish a BTC Reserve?
Polymarket gamblers analysts are giving this an estimated 28% probability of the U.S. creating a National BTC Reserve within Trump’s first 100 days in office.
How about you? What do you think?
https://t.me/PumpDoom
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