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Breaking: Trump vows to make Bitcoin a strategic reserve currency

Posted by David Ogden on July 28, 2024 - 5:27am Edited 7/28 at 5:34am


Breaking: Trump vows to make Bitcoin a strategic reserve currency

Breaking: Trump vows to make Bitcoin a strategic reserve currency teaser image

(Kitco News) – Breaking news from the Bitcoin 2024 Conference as Presidential candidate Donald Trump said he intends to make Bitcoin a strategic reserve currency for the United States.

Many Americans do not realize that the U.S. government is among the world's largest holders of Bitcoin – The Federal Government has almost 210,000 Bitcoin or 1% of the total supply that will ever exist.”

But for too long, our government has violated the cardinal rule that every Bitcoiner knows by heart: "NEVER SELL YOUR BITCOIN."

And so, as the final part of my plan today, I am announcing that if I am elected, it will be the policy of my administration to KEEP 100% of all the Bitcoin the U.S. government currently holds or acquires in the future.”

This will serve, in effect, as the core of a Strategic National Bitcoin Reserve,” Trump said.

Kitco Media

Jordan Finneseth

Time to Buy Gold and Silver