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BlockTower founder: The possibility of the United States using Bitcoin as a strategic reserve asset is low in the next four years

BlockTower founder: The possibility of the United States using Bitcoin as a strategic reserve asset is low in the next four years

CointimeCointime2024/07/23 01:34
By:Cointime

Asset manager Bryan Courchesne stated on CNBC that the Trump administration may consider Bitcoin as a strategic reserve asset for the United States. The US Department of Justice holds 200,000 bitcoins, which can be transferred to the Treasury Department to promote long-term holding and accumulation. Trump's choice of Bitcoin holder JD Vance as a campaign partner has intensified this speculation. Mark Cuban believes that inflation and geopolitical instability may prompt the world to turn to Bitcoin as a global reserve currency. However, Ari Paul, founder of BlockTower Capital, expressed doubts about this and believes that the possibility is low in the next four years.

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