I just heard a quoted statement of Trump loudly thinking about the planned US Bitcoin reserve, where he said that he wants to convert roughly 200k of seized BTC into the base of said reserve. He also was said to mention lending of $USD to countries and letting them pay the debt back in Bitcoin, which are to be added to the reserve.
What do you think?
I don't really expect much to come of it. I don't believe that Trump is strongly for it and there will be enough opposition that it just ends up going nowhere. A bargaining chip, at most. The publicity will probably not be bad for us though.
It seems to me like another race similar to that of Gary rejecting ETF
And realising Trump a business man ain't even holding any Bitcoin isn't encouraging
Well except maybe he believes Bitcoin rise wouldn't have impact on his wealth like shitcoins.
The Publicity may start out good but may become a thorn if anything negative is shared about the reserve implementation like Powell did.
Following Historical data on halving 2025 should be way better than 2024
And I don't want Trump or the US to fuck it up.
Plus Big players are still jumping in so if there's an unnatural dip they would loss more since some ain't really holders
And more coins will be distributed to different hands.