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Opinion: Trump’s Bitcoin reserve plan may be a watershed moment for the cryptocurrency market
Editor
2024-12-26 02:32 688
Golden Finance reported that Trump publicly supported the Bitcoin reserve plan and pushed the US government to hoard Bitcoin as a strategic asset. The plan has received support from politicians including Porter and Loomis and has attracted bipartisan attention. Trump’s support gave the once-marginal concept a political momentum and became a watershed moment for the cryptocurrency market. Democratic congressmen from California and Republican senators from Wyoming have proposed including Bitcoin as a U.S. reserve asset, relying in part on U.S. gold reserves. However, critics believe this could strengthen U.S. financial dominance and pose a challenge to Bitcoin’s decentralized philosophy. Still, supporters believe the move could help combat the debt crisis and drive global financial innovation.
Keywords: Bitcoin
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