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What will be the primary reaction of U.S. political parties to the Strategic Bitcoin Reserve proposal?
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Resolution / Starting Odds
Supportive • 25%
Opposed • 25%
Neutral • 25%
Divided • 25%
Statements from major political party leaders and official party platforms
Story
Trump Proposes Strategic Bitcoin Reserve to Address $35 Trillion Debt Using $20 Billion Bitcoin Assets
Dec 22, 2024, 03:30 AM
Former President Donald Trump has proposed the establishment of a Strategic Bitcoin Reserve for the United States, suggesting it could help address the national debt, currently at $35 trillion. In recent remarks, Trump indicated that the U.S. could potentially utilize its existing $20 billion in Bitcoin assets, accumulated through seizures, as a national asset to enhance the country's cryptocurrency influence. This proposal has sparked discussions about the implications of holding Bitcoin as a long-term strategy versus selling it. The idea of a Strategic Bitcoin Reserve is being explored as a way to manage national debt while potentially benefiting from Bitcoin's market dynamics.
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Similar markets
Adopt similar policy • 25%
Condemn the policy • 25%
Neutral stance • 25%
Increase regulation on Bitcoin • 25%
Support and adopt • 25%
Oppose and lobby against • 25%
Increase Bitcoin investments • 25%
No significant reaction • 25%
Supportive • 25%
Neutral • 25%
Opposed • 25%
No official stance • 25%
Supportive • 25%
Skeptical • 25%
Neutral • 25%
Opposed • 25%
Supportive • 25%
Neutral • 25%
Opposed • 25%
No Reaction • 25%
Strongly Support • 25%
Support • 25%
Oppose • 25%
Strongly Oppose • 25%
Economic stability • 25%
Technological advancement • 25%
Financial independence • 25%
Other • 25%
Launch new initiatives • 25%
Increase investments • 25%
No major response • 25%
Other • 25%
Supportive • 25%
Opposed • 25%
Neutral • 25%
No official response • 25%
Stabilize the US Dollar • 25%
Promote Bitcoin adoption • 25%
Enhance financial security • 25%
Other • 25%
Increased regulation • 25%
Decreased regulation • 25%
No significant change • 25%
Other • 25%