President Trump signs executive order for a strategic bitcoin reserve

President Trump signs executive order for a strategic bitcoin reserve

Donald Trump receives 2 million US dollar Bitcoin donation from Winklevoss Twins

  • David Sacks estimated that the US government has around 200.00 Bitcoin
  • he said
  • The digital assets will prevent digital assets as Bitcoin in criminal or civil proceedings

US President Donald Trump has signed an executive regulation in which a strategic Bitcoin reserve and a digital asset storage stock are set up.

ai des Weißen Haus and Krypto -Zar David Sacks have published a message on X on March 7th the news leveraged. He said:

"The reserve is activated with Bitcoin of the Federal Government, which was falsified as part of the conviction of the criminal or civil law assets. This means that taxpayers do not cost a cent."

sacks estimated that the US government has around 200,000 Bitcoin. "However, there has never been a complete examination," added sacks.

"The USA will not sell Bitcoin that will be paid into the reserve. It is kept as a value memory. The reserve is like a digital Fort Knox for cryptocurrency, which is often referred to as" digital gold ", said Säcke.

yesterday Sacks said that the federal government had sold around 195,000 Bitcoin for 366 million US dollars over the past 10 years. Today this number would be a value of around 17 billion US dollars. According to Sacks, this lack of "long -term strategy" in relation to Bitcoin American taxpayers cost billions.

Digital Asset Stockpile

In addition to the strategic Bitcoin Reserve, Trump's executive order creates a digital asset camp.

sacks found that this consists of other digital assets as Bitcoin that have fallen into criminal or civil procedures.

"The government will not acquire any additional assets for the inventory of those received by expiry procedures," he added.

At the beginning of this month, Trump posted Trump via Truth Social that a crypto reserve would hold Cardano, XRP and Solana. He later added that Bitcoin and Ethereum would be "the heart of the reserve".

as Solana co-founder and CEO Anatoly Yakovenko in the crypto reserve, which is added to Solana, said that he would not prefer a reserve. Posting on X he added: " Make responsible. ”


Source: Coinlist.me