Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Odohu
on 05/01/2025, 22:32:22 UTC
⭐ Merited by JayJuanGee (1) ,vapourminer (1)
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 smell something fishy in this approach because they will not have the same effect as the US buying Bitcoin directly, and I think Trump seems to be evading doing that. This is just my thinking.... instead of lending money to people and asking them to pay back in Bitcoin, why not buy the Bitcoin directly? How long will the money stay before they pay back, one year, two, or even ten years? Will Trump be in office when that money will be paid back? Something is definitely not clear with this statement.