With Donald Trump’s election as the President-Elect of the United States, there has been increasing discourse around forming a strategic reserve of Bitcoin. This initiative is spurred by Trump’s pro-cryptocurrency stance and necessitates urgent action to prevent potential frontrunning by third parties.
David Bailey, Trump’s cryptocurrency adviser and CEO of BTC.Inc., advocates for swift establishment of this reserve. His suggestion aims at strategically positioning the U.S. in the global Bitcoin market, emphasizing speed in the process to stay competitive and avoid being outpaced by others.
The discussion around a Bitcoin reserve underscores an evolving narrative about Bitcoin's place in national strategic policies, indicating a significant shift towards embracing digital currencies under the leadership of the President-Elect.
