Investing.com — The Trump administration’s consideration of establishing a national Strategic Reserve (SBR) has prompted predictions of a global “crypto arms race” by international financial firm deVere Group. This follows President Donald Trump’s announcement on Thursday that his administration would assess the feasibility of forming a “national digital asset stockpile.” However, the executive order stopped short of immediately establishing an SBR.
Nigel Green, CEO of deVere Group, stated that the US’s Strategic Bitcoin Reserve is not just a possibility but an inevitability. This development could trigger a wave of similar policies worldwide and potentially initiate a significant shift in how wealth and power are stored and protected. Countries globally might start acquiring Bitcoin in anticipation of its role in a new global financial order, if they haven’t already begun doing so.
The idea of an SBR resembles the function of in central banks, with Bitcoin’s limited…
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