Market
What will be the primary reason for the U.S. establishing a bitcoin reserve by the end of 2025?
2
Resolution / Starting Odds
To stabilize the dollar • 25%
To boost crypto market clout • 25%
To diversify national reserves • 25%
Other • 25%
Official statements from U.S. government agencies or credible financial news reports
Story
Trump Considers $280 Trillion Bitcoin Reserve to Save Dollar, Boost Crypto Clout
Dec 23, 2024, 09:01 AM
President-elect Donald Trump is considering the establishment of a strategic bitcoin reserve for the United States, a move that could significantly impact the cryptocurrency's role in global finance. Trump's administration has been vocal about its support for cryptocurrencies, with discussions around creating a national stockpile of bitcoin gaining traction. This proposal has sparked debate, with some seeing it as a way to bolster America's position in the crypto market, while critics argue it could destabilize the dollar. The idea of a U.S. bitcoin reserve has been likened to the country's gold reserves, with suggestions that it could involve acquiring up to 5% of the total bitcoin supply. Amid these developments, bitcoin's price has been volatile, recently dipping below $94,000 after reaching a high of $100,000 following Trump's election victory. The U.S. currently holds $20 billion in bitcoin from seizures, and Trump has expressed a desire to HODL these assets, viewing them as a 'national asset' to boost America's crypto clout. A Forbes report suggested Trump pitched a 'massive' $280 trillion price bitcoin reserve to save the dollar.
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Economic leverage • 25%
Other • 25%
Strengthen US dollar • 25%
Reduce national debt • 25%
Other • 25%
Technological advancement • 25%
Economic competitiveness • 25%
Financial stability • 25%
Hedge against inflation • 25%
Other • 25%
Economic freedom • 25%
National security • 25%
Economic Stability • 25%
Other • 25%
Technological Advancement • 25%
National Security • 25%
Other • 25%
Monetary reserve • 25%
Investment • 25%
Strategic leverage • 25%
Bitcoin reserve established • 25%
No reserve for any cryptocurrency • 25%
No Bitcoin reserve • 25%
Reserve for another cryptocurrency • 25%
Financial stability reserve • 25%
Monetary policy tool • 25%
International trade settlements • 25%
Other • 25%
