Rural Radio Network on Nostr: Bitcoin soars on hopes of bitcoin strategic reserve. Here’s how it would work. ...
Bitcoin soars on hopes of bitcoin strategic reserve. Here’s how it would work.
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Bitcoin price reached $107,000 for the first time on December 18, 2024; increase of over 50% since Donald Trump's election; Trump supports a U.S. bitcoin strategic reserve similar to the strategic oil reserve; proponents argue it could diversify financial holdings and prevent foreign dominance in the digital currency market; critics warn of bitcoin's volatility and lack of necessity compared to traditional assets; Nik Bhatia from USC emphasizes U.S. leadership in technology; Bitcoin Policy Institute advocates for stockpiling digital gold; Ananya Kumar from Atlantic Council questions the long-term stability of bitcoin.
#Bitcoin #DonaldTrump #Cryptocurrency #StrategicReserve #FinancialStability #Volatility #UsEconomy #DigitalCurrency #Investment #NationalDebt
https://ruralradio.com/kool/abc_news/bitcoin-soars-on-hopes-of-bitcoin-strategic-reserve-heres-how-it-would-work-abcid80f24f18/
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Bitcoin price reached $107,000 for the first time on December 18, 2024; increase of over 50% since Donald Trump's election; Trump supports a U.S. bitcoin strategic reserve similar to the strategic oil reserve; proponents argue it could diversify financial holdings and prevent foreign dominance in the digital currency market; critics warn of bitcoin's volatility and lack of necessity compared to traditional assets; Nik Bhatia from USC emphasizes U.S. leadership in technology; Bitcoin Policy Institute advocates for stockpiling digital gold; Ananya Kumar from Atlantic Council questions the long-term stability of bitcoin.
#Bitcoin #DonaldTrump #Cryptocurrency #StrategicReserve #FinancialStability #Volatility #UsEconomy #DigitalCurrency #Investment #NationalDebt
https://ruralradio.com/kool/abc_news/bitcoin-soars-on-hopes-of-bitcoin-strategic-reserve-heres-how-it-would-work-abcid80f24f18/