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AI and Crypto Czar David Sacks, on January 23, 2025, President Donald J Trump for signing executive orders in the White House in the White House Oval at the DC.
Jabin Botsford | Washington Post | Getty pictures
President Donald Trump has signed a decree to create a strategic on Thursday Bittoin To celebrate a large turn in the US digital active policy.
White House Crypto and Ai Czar David Sacks, Silicone Valley Vengisi Capitalist, wrote a post in x The reserve will be funded only in criminal and civil confiscation, to be funded by Bitcoin, to ensure the lack of taxpayers in the financial burden.
According to estimates, the US government manages about 200,000 Bitcoin, although it is not fully inspected. Trump’s decree is comprehensive accounting for the federal digital activist holdings and prohibits Bitcoin to be placed as a permanent value store.
In addition, the order creates a digital asset Stockpile in the US digital asset for the order, managed by the Treasury Department and other confiscated critical.
A lot of cryptoes that support Trump Supported concerns The weekend said after the president The truth is social In addition to Bitcoin, ether, XRPSolana’s Left Token and Cardano’s Island The coin would be part of strategic crypto.
“XRP, I have nothing against left or Adana, but don’t think it is suitable for a strategic spare,” Bitcoin billionaire Tyler WinkyVoss write. “Only one digital asset in the world currently responds to the bar and this is a digital asset Bitcoin.”
In front of the announcement, the NIC CARTER of the CASTLE Island company said that the United States will not only ratify the US “Bitcoin in Bitcoin”, in the Golden World, which is put in a Bitcoin reserve.
“The United States is the most important nation in the world and therefore the confirmation seal is doing a lot for Bitcoin,” said Carter said it would look like another speculative fund, including other digital currencies.
Ryan Gilbert, who is a Fintech investor, said that the action will send a strong message to the institutions here to stay on this Bitcoin. He said the decision is separated from Bitcoin from other cryptoans.
“The way to go to Bitcoin’s last decade and one half, there were many people to ignore other verses,” Gilbert said. “I think that this will help Bitcoin as a sign, when it comes to controversy, I think I will help them apart from something separately.”
However, Gilbert said that the US reserve was managed.
“What we do not want to see, the United States is actively activating trade,” he said. “The market must be a long-term value store, not something that provides moving hypotheses.”
The decision was highly appreciated by calling the United States to make the United States a “Crypto Capital of the World”. Earlier, he noted that the United States has lost more than $ 17 billion by selling the seized Bitcoin.
Treasury Secretary Scott Bessent and Trading Secretary Howard Lutnick will control the development of additional policy by focusing on budget-neutral purchase strategies for sacks, Bitcoin.
Follow: Solana co-founder Trump’s cryptoist offer reserve proposal
