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President Donald Trump signed an executive order that establishes two things: a strategic reserve of bitcoins and a digital asset supply.
It is expected that the Bitcoins reserve will consist of BTC, previously captured by the US government – about 198,000 BTC. It is noteworthy that Crypto-King David Sax said that the Minister of Trade, Howard Lutnik and Minister of Finance Scott Immotrot will work on “neutral budget strategies to purchase additional bitcoins, provided that these strategies do not have intermediaries for American taxpayers.”
What, yes, there is Something But perhaps a rather vague statement. We hope that later we will get more information at the top of the Digital Asset of the White House (not to be confused with the Digital Asset BlockWorks summit, so if you bought a ticket, make sure you are booked to go to New York, and not to the Kolumbia district).
The drain, on the other hand, is quite clear … it seems.
This will consist of crypto (without bitcoins), which owns the US government. What will consist of this basket, this is where, again, we have no answers. What are we do There is a post on social networks from Trump last Sunday, which seemed to mean that SOL, ADA and XRP would play a role.
But it is clear that the US government will not buy additional digital assets for the reserve, which should weaken the concern of some people, including the leading empire of Jason Yanovich, who discussed the steps of the government with Santiago Santos in today’s episode of the empire.
So, here are the questions leading to the top today: what assets will make up? It will simply be any Crypto that captured the US government? And the bonus will be any details about how they plan to add to the reserve.
I am sure that there will also be much more, but we will take what we can convey here.
