Re: Everything you wanted to know about Bitcoin Strategic Reserve.
How probable is the creation of an SBR?
There is a pool on Polymarket that places the probability of Trump going on with the Proposal in the first 100 days at 29%:
The probability of this measure lies in the first 100 days, and the President can leverage this as a National Security Matter. This could mean he could issue an Executive Order to immediately instate the SBR as an alternative to the standard approval path through Congress.
There is a pool on Polymarket that places the probability of Trump going on with the Proposal in the first 100 days at 29%:
The probability of this measure lies in the first 100 days, and the President can leverage this as a National Security Matter. This could mean he could issue an Executive Order to immediately instate the SBR as an alternative to the standard approval path through Congress.
Polymaket is now one of the reliable prediction platform because of its near accurate predictions of the IS elections. Actors in the crypto industry see Donald Trump as a president with an unpredictable personality. There are some level of doubt if he would implement the policy of adopting Bitcoin as a strategic reserve currency. Joseph Chan the Chairman of Chinese based Silk Road Economic Development Research Centre said: "Trump is unpredictable. He may change his mind tomorrow; you never know". I am not waiting for his first hundred days to know his stance, the content of his inaugural speech might give some clue.