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CoinDesk - by layer3.news
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2025-02-10 15:11:36
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Why Trump Is Right on a Digital Currency Reserve


CoinDesk (nprofile…nhef)
✍️ President Trump has proposed the Federal government hold digital currencies, but critics have warned of the impact on the U.S. dollar. However, the reality of Trump's proposal differs from the dire warnings.
👉 Holding digital currencies is not an endorsement of the currency
👉 The U.S. dollar still dominates the world
👉 Digital currencies are held for liquidity purposes
👉 Digital currencies have social and scarcity value
👉 The U.S. should be at the forefront of fintech

#technology
CoinDesk (nprofile…nhef)

Holding BTC is not necessarily an endorsement, but it’s definitely in the interests of the United States as it looks to become a fintech powerhouse, argues Chip Daniels, chief executive officer of Salomon Brothers.
https://www.coindesk.com/opinion/2025/02/10/why-trump-is-right-on-a-digital-currency-reserve

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