HighonBTC on Nostr: How accurate is Venice AI? Question: "what is the likelihood of Donald Trump starting ...
How accurate is Venice AI? Question: "what is the likelihood of Donald Trump starting a strategic bitcoin reserve"? #strategic bitcoin reserve;#SBR
Based on the search results, it appears that there is ongoing discussion and speculation about the possibility of a strategic bitcoin reserve under Donald Trump's presidency.
According to a December 30, 2024, article from The Motley Fool, prediction markets are giving the strategic Bitcoin reserve about a 33% chance of happening within the first 100 days of the Trump presidency.
It's worth noting that Trump has expressed support for the idea of a strategic bitcoin reserve, and some articles suggest that the U.S. government could potentially establish such a reserve by purchasing 1 million Bitcoins over a period of five years. However, the details and feasibility of such a plan are still unclear.
Overall, while there is no definitive answer to the likelihood of a strategic bitcoin reserve, the available information suggests that it is a possibility that is being considered, but its chances of becoming a reality are uncertain.
5 Citations
Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
What Would Be The Point Of A 'Strategic Bitcoin Reserve'?
https://www.investopedia.com/what-would-be-the-point-of-a-strategic-bitcoin-reserve-8763067
What Donald Trump's Strategic Bitcoin Reserve Could Look Like - Newsweek
https://www.newsweek.com/what-donald-trumps-strategic-bitcoin-reserve-could-look-like-1986360
What is the strategic bitcoin reserve that Trump is promising and how would it work? | Economy and Business | EL PAÍS English
https://english.elpais.com/economy-and-business/2024-12-01/what-is-the-strategic-bitcoin-reserve-that-trump-is-promising-and-how-would-it-work.html
How would a US bitcoin strategic reserve work? | Reuters
https://www.reuters.com/technology/how-would-us-bitcoin-strategic-reserve-work-2024-12-16/
Based on the search results, it appears that there is ongoing discussion and speculation about the possibility of a strategic bitcoin reserve under Donald Trump's presidency.
According to a December 30, 2024, article from The Motley Fool, prediction markets are giving the strategic Bitcoin reserve about a 33% chance of happening within the first 100 days of the Trump presidency.
It's worth noting that Trump has expressed support for the idea of a strategic bitcoin reserve, and some articles suggest that the U.S. government could potentially establish such a reserve by purchasing 1 million Bitcoins over a period of five years. However, the details and feasibility of such a plan are still unclear.
Overall, while there is no definitive answer to the likelihood of a strategic bitcoin reserve, the available information suggests that it is a possibility that is being considered, but its chances of becoming a reality are uncertain.
5 Citations
Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
What Would Be The Point Of A 'Strategic Bitcoin Reserve'?
https://www.investopedia.com/what-would-be-the-point-of-a-strategic-bitcoin-reserve-8763067
What Donald Trump's Strategic Bitcoin Reserve Could Look Like - Newsweek
https://www.newsweek.com/what-donald-trumps-strategic-bitcoin-reserve-could-look-like-1986360
What is the strategic bitcoin reserve that Trump is promising and how would it work? | Economy and Business | EL PAÍS English
https://english.elpais.com/economy-and-business/2024-12-01/what-is-the-strategic-bitcoin-reserve-that-trump-is-promising-and-how-would-it-work.html
How would a US bitcoin strategic reserve work? | Reuters
https://www.reuters.com/technology/how-would-us-bitcoin-strategic-reserve-work-2024-12-16/