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Market
How will major global economies react to the U.S. establishing a bitcoin reserve by the end of 2025?
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Resolution / Starting Odds
Positive reaction from major economies • 25%
Negative reaction from major economies • 25%
Neutral reaction from major economies • 25%
Mixed reactions from major economies • 25%
International news reports and official statements from foreign governments
Story
Trump Considers $280 Trillion Strategic Bitcoin Reserve to Strengthen U.S. Dollar
Dec 24, 2024, 03:13 AM
Former President Donald Trump is reportedly considering the establishment of a strategic bitcoin reserve valued at $280 trillion to bolster the U.S. dollar. This proposal, which has been covered by multiple sources including Forbes and the Washington Times, suggests that the U.S. government could create a stockpile of bitcoin, treating it similarly to gold. The discussions around this initiative highlight the potential for the U.S. Treasury to acquire bitcoin without needing congressional approval, as Trump could issue an executive order to facilitate the purchase. The proposal has sparked debate about the implications of such a move, particularly in the context of current fiat currency challenges and the rising value of bitcoin.
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Similar markets
Adopt similar policy • 25%
Condemn the policy • 25%
Neutral stance • 25%
Increase regulation on Bitcoin • 25%
Supportive • 25%
Opposed • 25%
Neutral • 25%
No official response • 25%
EU initiates similar strategy • 25%
ASEAN initiates similar strategy • 25%
BRICS initiates similar strategy • 25%
No major bloc responds • 25%
Launch new initiatives • 25%
Increase investments • 25%
No major response • 25%
Other • 25%
Supportive • 25%
Neutral • 25%
Opposed • 25%
No official stance • 25%
Canada • 25%
United Kingdom • 25%
Germany • 25%
Other • 25%
Supportive • 25%
Neutral • 25%
Opposed • 25%
No Reaction • 25%
China • 25%
European Union • 25%
India • 25%
None of the above • 25%
To stabilize the dollar • 25%
To boost crypto market clout • 25%
To diversify national reserves • 25%
Other • 25%
Establish a reserve • 25%
Sell current holdings • 25%
Maintain current holdings • 25%
Other • 25%