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?
If Donald starts reserving bitcoin as a future asset through debtors of the country, from my perspective I don't that's a help that will elevate bitcoin price....But if government pass a budget of making bitcoin as one of economic reserved asset as a gold that will trigger bigger investors to come in, to invest on Bitcoin and the price of bitcoin will definitely become indifferent from the previous prices we had so far
This way he supposedly hopes that piling up on reserve Bitcoins won't pump the price.
So no Trump Pump? Called off?
Exactly, it can't make the price of bitcoin to accelerate, but the only thing that it will do, is that, the current price of bitcoin can't reduce more than 2% because with the influence that US government is reserving bitcoin more individuals that had the experience or information will like to invest in bitcoins on a small ratios