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Trump’s Bold Vision: Bitcoin as America's Strategic Reserve

EDITOR'S NOTES

In a groundbreaking announcement at the Bitcoin 2024 Conference, Presidential candidate Donald Trump declared his intent to make Bitcoin a strategic reserve currency for the United States. Highlighting that the federal government holds nearly 210,000 Bitcoins, Trump pledged that his administration would never sell this valuable asset. Instead, he plans to establish a Strategic National Bitcoin Reserve, positioning the U.S. at the forefront of financial innovation and signaling a commitment to economic independence and resilience. This bold move underscores Trump’s forward-thinking approach to harnessing the power of Bitcoin for national strength and stability. Read here to learn about Presidential candidate Donald Trump revealing his bold plan to make Bitcoin a strategic reserve currency for the United States.

Breaking news from the Bitcoin 2024 Conference as Presidential candidate Donald Trump said he intends to make Bitcoin a strategic reserve currency for the United States. 

“Many Americans do not realize that the U.S. government is among the world's largest holders of Bitcoin – The Federal Government has almost 210,000 Bitcoin or 1% of the total supply that will ever exist.”

“But for too long, our government has violated the cardinal rule that every Bitcoiner knows by heart: "NEVER SELL YOUR BITCOIN."

“And so, as the final part of my plan today, I am announcing that if I am elected, it will be the policy of my administration to KEEP 100% of all the Bitcoin the U.S. government currently holds or acquires in the future.”

“This will serve, in effect, as the core of a Strategic National Bitcoin Reserve,” Trump said. 

This article originally appeared on Kitco News.