Ari Paul, CIO of BlockTower Capital, said the idea of the US government holding a strategic reserve of bitcoin could be positive for its price, but it is not realistic to actually achieve it in the short term. I am 10:1 against the US using bitcoin as a strategic reserve for the next four years.
Having said that, I think Trump might say this, which is very positive for the medium-term movement of Bitcoin, Paul further explained that while the next president might say they don't plan to sell any of the Bitcoin currently held by the government, that doesn't mean they are actually "building a strategic reserve of Bitcoin."
BlockTower Capital CIO: The idea of the US government holding a strategic reserve of bitcoin is positive for its price
2024-07-20 02:32:46
Blocktower capital chief information officer ari paul says us governmentdesk3cryptocurrencydesktopCrypto News
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