According to news on December 18, Dan Morehead, founder and managing partner of Pantera Capital, a hedge fund and venture capital institution, recently discussed the evolving landscape of cryptocurrency adoption in the United States and potential changes in the coming year on CNBC’s “Fast Money” program. During the interview, Morehead discussed President-elect Trump’s proposal to establish a strategic Bitcoin reserve and expressed strong support for the move. He said: "I think this is actually a very important thing. When you are the world's reserve currency, you don't need to save other currencies." Morehead elaborated on the current state of U.S. reserves, noting: "The United States has no other currency. It has $600 billion in gold stored, which is a staggering amount. That's equivalent to the wages of 11 million American workers over the course of the year, so it's a little crazy." " He advocated the transition to digital assets, saying: "Move to digital gold. Bitcoin is much better, so I think it makes perfect sense." When highlighting the government's existing holdings, Morehead mentioned: "The United States already owns 1% of the world's of Bitcoin. Keep that ratio, increase that ratio. So I think it’s a really good policy to have Bitcoin. It would be great.”