Bitcoin exchanges or cryptocurrency exchanges…
It doesn’t matter though and as I see it, there still is a difference. This is yet another centralized entity legalizing another centralized entity within a supposedly decentralized Bitcoin.
The White House will release its first crypto policy report this Wednesday, July 30.
xA big moment is ahead, how much the government thinks about Bitcoin, how much change the Strategic Bitcoin Reserve will bring, it remains to be seen. From my point of view, the use of Bitcoin is very important for a fully economically strong country and to protect against inflation, so the government will not take any decision that will negatively affect Bitcoin.
Somehow, the cryptocurrency community and most of all, the Bitcoin community would be preparing for this news and what direction it’s going to face. The likely one is going to be towards the positive given how pro-cryptocurrency president Trump has been and we might see the market heading towards the bulls once more maybe hit $150k this time as that’s obviously the price range for speculations as it is.
With the government’s hands deep into making its reserves with Bitcoin, crypto friendly policies is what is expected.