Trump potentially declaring Bitcoin a strategic reserve asset seen as a ‘watershed moment’

Trump potentially declaring Bitcoin a strategic reserve asset seen as a ‘watershed moment’

Former US president and current Republican presidential candidate Donald Trump could announce as a “strategic reserve asset” during a crypto conference in Nashville later this month, according to rumors on social media.

Trump is widely expected to speak at the upcoming Bitcoin conference in Nashville, which will take place later this month.

Dennis Porter, co-founder and CEO of the Satoshi Action Fund, said he got this information from “credible” sources.

“Adding #Bitcoin as a ‘strategic reserve’ to the US Treasury is a no brainer and once the USA does it, the paradigm will shift and the world will understand they must also have a #Bitcoin position,” he wrote on X.

According to analysts, designating Bitcoin as a strategic reserve asset in the United States “would mark a pivotal shift in the nation’s financial strategy.”

“This move would leverage Bitcoin’s decentralized nature and global acceptance to enhance economic resilience…
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