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U.S Strategic Bitcoin Reserve Dead? Trump’s Big Promise Faces Harsh Reality
In a shocking turn of events, it appears that the United States is abandoning its plans to create a strategic bitcoin reserve. The idea, which was touted as a game-changer by then-Republican presidential candidate Donald Trump, seems to have vanished into thin air.
The plan was initially met with excitement from the crypto community, as many saw it as an opportunity for the U.S. government to establish itself as a major player in the cryptocurrency space. However, critics are now claiming that the initiative has stalled and is unlikely to come to fruition anytime soon.
One prominent critic, Justin Bechler, has gone as far as to label the idea of a Strategic Bitcoin Reserve as nothing more than a “fantasy”. According to him, it is unrealistic to expect the government to suddenly embrace Bitcoin wholeheartedly.
Source: coinpedia.org
