Nic Carter: Bitcoin has been officially recognized by the U.S. government, other cryptocurrencies have not yet received this treatment

Odaily Planet Daily reports that the White House AI and Crypto Director, David Sacks, retweeted a post by Nic Carter, partner at Castle Island Ventures. Nic Carter stated that Trump's signing of the executive order for U.S. strategic Bitcoin reserves indicates:

1. Trump has fulfilled his campaign promise;

2. There is a clear difference between Bitcoin reserves and altcoin reserves;

3. Bitcoin has received official recognition from the U.S government, but other cryptocurrencies have not yet received equal treatment;

4. There is no need to spend taxpayers' money to buy Bitcoin, so there may not be strong opposition;

5. In the future, purchases of Bitcoin and other cryptocurrencies may be handled by Congress, which would only make sense.