Venture capitalist Nick Carter Trump comments to establish a strategic bitcoin reserve on the executive order of the White House Crypto Summit by Carter Trump.
recently Post On 7 March, Carter praised Trump’s decision to create a strategic bitcoin (BTC) reserve, saying the announcement “could not be better.”
Carter, known for his investigative articles highlighting the Biden administration for its efforts to get out the Crypto industry, highlighted some positive things coming out of the White House Crypto Summit held on 7 March.
According to Carter, it was a good step on the part of the Trump administration to clearly set the strategic bitcoin reserve in addition to the AltCoin stockpile instead of merging the two together or treating them in the same way. Meanwhile, he suspects that the decision to buy other altcoins will be left for the Congress.
“Bitcoin gets official USG [U.S. government] Seal of approval, no other coin, ”Carter explained.
Instead of going up after the revelation of Trump’s bitcoin strategic reserve, the property has actually gone down further. At the press time, bitcoin has fallen by about 4% in the last 24 -hour trading. The BTC has slipped well below the range of $ 90,000, which is just less than $ 89,000. It is currently trading at $ 88,362.
In addition, Carter indicated the fact that the Bitcoin Reserve Fund would be compiled using BTC which was seized by the federal government for criminal or civil property.
Echoing the words of the announcement of AI and Cancer Caesar David Sachs after the White House Crypto Summit, Carter said that not using the taxpayer fund means that there would be no public backlash towards the reserve.
In a different PostHe jokingly suggested that if a person from Bitcoin’s Satoshi Nakamoto National Security Agency came out and nearly 1 million BTC was placed in Fort Mey, Trump’s executive order would ensure that those funds are never sold.
After the White House Crypto Summit on 7 March, David Sachs announced that President Trump signed an executive order to create a strategic bitcoin reserve. According to Sachs, the US government currently holds around 200,000 BTCs in the assets seized, although not a complete audit has been done.
