Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: KryptoBull on February 17, 2025, 08:02:01 AM

Title: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: KryptoBull on February 17, 2025, 08:02:01 AM
During the 2017-2021 presidential term, Donald Trump left a significant economic legacy, particularly in the energy sector. Under Trump, the U.S. expanded oil and gas exploration, leading to record-high oil exports and establishing the country as the world's top oil producer. Trump often took pride in filling over 700 million barrels of oil in the Strategic Petroleum Reserve [1,2].

During the 2025-2029 term, Trump’s legacy may not only be oil but also BTC. He was skeptical of crypto throughout his 2017-2021 presidency, but his stance has drastically changed this term. He has publicly accepted crypto donations for his campaign while criticizing the Biden administration’s approach to the industry. 

Immediately after taking office, Trump signed an executive order to explore The National Digital Asset Stockpile [3], responding to the expectations of the crypto community and ensuring that over 200K BTC held by the U.S. government would not be sold. His cabinet members are also strong crypto advocates, pushing for a more crypto-friendly approach. The U.S. could become the global crypto hub, aligning with Trump’s ambitions.

(https://talkimg.com/images/2025/02/17/qQO71.png)

U.S. Senator Cynthia Lummis has also introduced a bill for a program to purchase 1M BTC to help the U.S. own 5% of the total BTC supply [4]. If this bill is approved by the U.S. government, we will see a wave of BTC accumulation worldwide—I call it national-scale FOMO :) 

I even hope that during this 4-year term, Trump can help the U.S. accumulate not just 1M BTC but even more. This would strengthen the value and position of BTC in the economy, potentially even pushing BTC’s market cap beyond Gold’s market cap. 

From the Strategic Petroleum Reserve (SPR) to the Strategic Bitcoin Reserve (SBR), from millions of barrels of oil to millions of BTC—this could be the symbolic shift in Trump’s economic legacy, one that could help Trump, the first crypto president of the U.S., be remembered well into the next century.

I would like to know your opinion on this issue: 

References:
1. Strategic Petroleum Reserve (https://www.energy.gov/ceser/strategic-petroleum-reserve)
2. Fact-Checking Donald Trump On The Strategic Petroleum Reserve (https://www.forbes.com/sites/rrapier/2022/11/16/fact-checking-donald-trump-on-the-strategic-petroleum-reserve/)
3. Fact Sheet: Executive Order to Establish United States Leadership in Digital Financial Technology (https://www.whitehouse.gov/fact-sheets/2025/01/fact-sheet-executive-order-to-establish-united-states-leadership-in-digital-financial-technology/)
4. Lummis Introduces Strategic Bitcoin Reserve Legislation (https://www.lummis.senate.gov/press-releases/lummis-introduces-strategic-bitcoin-reserve-legislation/)

Note:
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: omori on February 17, 2025, 11:34:13 AM
For now, regarding the questions, all I can see is hype, and nothing more than that.
News is sparkling here and there, and some moves have already been made, however, we are far from over.
And, of course, the reserves would positively affect BTC and the market.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: Crwth on February 17, 2025, 11:42:00 AM
If there is already a policy regarding it and that strategic Bitcoin reserve is true, then I think it would be a very good outcome for crypto. If that’s not going to be the case, then I don’t think it will happen any time soon with the accumulation of BTC for the US.

I am trading crypto, mainly in the long position, so it’s somewhat related to the upside that the SBR may cause.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: tequilla_sunset on February 17, 2025, 11:58:59 AM
If there is already a policy regarding it and that strategic Bitcoin reserve is true, then I think it would be a very good outcome for crypto. If that’s not going to be the case, then I don’t think it will happen any time soon with the accumulation of BTC for the US.

I am trading crypto, mainly in the long position, so it’s somewhat related to the upside that the SBR may cause.

It surely will cause a craze for a day or two  ;)
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: 0t3p0t on February 17, 2025, 02:08:14 PM
I would like to know your opinion on this issue: 
  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
  • Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
  • Are you holding crypto and waiting for an uptrend driven by the effects of SBR?
1. I hope so but seems the Trump administration is really interested on investin Bitcoin as reserve so maybe they will pursue this idea. For me they will embrace more on a future proof SBR than SPR that which can be sabotaged through economic wars and stuff. Because we are now in the era or renewable energy so maybe in he future petroleum will become depleted and obsolete.
2. Well for me yes it has postive impact on the growth of BTC and crypto globally given the demand and supply will play an important role on this.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: MrSpasybo on February 17, 2025, 05:10:28 PM
I would like to know your opinion on this issue: 
  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
  • Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
  • Are you holding crypto and waiting for an uptrend driven by the effects of SBR?
1. I hope the draft law on accumulating more BTC will be passed and have an impact on the bullrun in this cycle instead of forcing investors to wait until the next cycle. The current opportunity is not high but it is not completely non-existent.

2. If the US officially accumulates BTC, it could create FOMO for other governments, and game theory would force them to participate so as not to be left behind in case BTC becomes an extremely valuable asset.

3. I am holding crypto with my own expectations, not just waiting for actions from the US. I am observing the linear uptrend channel for the BTC price, when the channel is broken, I will leave the market to wait for the crypto winter!
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: TomPluz on February 18, 2025, 07:44:09 AM

I am quite biased here since I am a follower and fan of DJT based on his many achievements of his first term and the policies enacted in the past and will be done under his second term. Right now, only die-hard Democrats undergoing TDS will deny that there can be a "golden age" under Trump for many reasons and cryptocurrency is one of the many flag-bearing industries that is going to benefit for the next four years.

1. Do you expect the U.S. to accumulate millions of BTC during Trump's term?

Yes! There is a solid plan for this and with strong backing from lawmakers and the public the strategic monetary reserve to include Bitcoin and even some other coins can be coming true...but I don't expect this will immediately happen a month from now but maybe in 2026.


2. Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?

This is quite possible that other countries especially those under the influence of USA will also be stockpiling their own Bitcoin reserve just like what they are doing with gold. Now, we can expect that Bitcoin will finally be in a new phase once this will happen and if there can be a frenzy we can expect Bitcoin to be approaching the 1 million dollar mark...though of course this can be taking some time to happen but who knows...

3. Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I should be though of course we have to take consider our own different economic situations but definitely I would be saving some BTC just like a pension plan so that I would be smiling once SBR will come into fruition under the watch and tutelage of POTUS Trump.


Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: omori on February 18, 2025, 10:49:46 AM
I would like to know your opinion on this issue: 
  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
  • Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
  • Are you holding crypto and waiting for an uptrend driven by the effects of SBR?
1. I hope so but seems the Trump administration is really interested on investin Bitcoin as reserve so maybe they will pursue this idea. For me they will embrace more on a future proof SBR than SPR that which can be sabotaged through economic wars and stuff. Because we are now in the era or renewable energy so maybe in he future petroleum will become depleted and obsolete.
2. Well for me yes it has postive impact on the growth of BTC and crypto globally given the demand and supply will play an important role on this.

I do think the plan is to make moves that would shake the market and afterward, - make some actions that would stabilize it and make people more hopeful.
After all - the easiest way to push a sentiment is on the market that is thinking that everything is going down and bad currently.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: KryptoBull on February 18, 2025, 11:18:45 AM

I am quite biased here since I am a follower and fan of DJT based on his many achievements of his first term and the policies enacted in the past and will be done under his second term. Right now, only die-hard Democrats undergoing TDS will deny that there can be a "golden age" under Trump for many reasons and cryptocurrency is one of the many flag-bearing industries that is going to benefit for the next four years.

1. Do you expect the U.S. to accumulate millions of BTC during Trump's term?

Yes! There is a solid plan for this and with strong backing from lawmakers and the public the strategic monetary reserve to include Bitcoin and even some other coins can be coming true...but I don't expect this will immediately happen a month from now but maybe in 2026.


2. Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?

This is quite possible that other countries especially those under the influence of USA will also be stockpiling their own Bitcoin reserve just like what they are doing with gold. Now, we can expect that Bitcoin will finally be in a new phase once this will happen and if there can be a frenzy we can expect Bitcoin to be approaching the 1 million dollar mark...though of course this can be taking some time to happen but who knows...

3. Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I should be though of course we have to take consider our own different economic situations but definitely I would be saving some BTC just like a pension plan so that I would be smiling once SBR will come into fruition under the watch and tutelage of POTUS Trump.
Currently, everything is still at the level of an executive order and a draft law, so accumulating BTC is still just our hope. However, I believe it can soon be implemented because even the states themselves want to accumulate BTC for themselves. Temporarily, the states want to take advantage of this opportunity to buy more BTC at a lower price, they will have no reason to reject or veto the law to accumulate BTC for the entire federation.

I am waiting for the moment that law is accepted and triggers the global FOMO about accumulating BTC as well as many other tokens in the market. That will be a historic moment similar to the approval of the spot BTC ETF in 2024 :)
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: migueRt on February 18, 2025, 01:39:12 PM
 If the government does take such a step, it could seriously boost confidence in BTC as an asset. But the question is how fast can this happen?
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: EluguHcman on February 18, 2025, 02:35:22 PM
I would like to know your opinion on this issue: 
  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
  • Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
  • Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I don't expect them to because they knows what is better of for them.
I don't like to keep myself on a high jump of expectation but if the US would really hold such value of Bitcoin of course it would do holders a very huge excitement because it would contribute a high form of valuable performance to the Bitcoin market and then investors holdings could increase to the volume of their profitability.

Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: Mia Chloe on February 18, 2025, 05:57:27 PM
If the government does take such a step, it could seriously boost confidence in BTC as an asset. But the question is how fast can this happen?
Governmental support does mean alot when it comes to the growth of a lot of things especially something as important as bitcoin and crypto in general especially in a digital era like this.  The US is a big country and their actions towards bitcoin matters a lot especially on a global perspective.

Another drawback to actually consider is the fact that most of the moves made by governments are not sudden so many times they end up deliberating over it again and again which could be time wasting in some cases.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: KryptoBull on February 19, 2025, 07:55:57 AM
Governmental support does mean alot when it comes to the growth of a lot of things especially something as important as bitcoin and crypto in general especially in a digital era like this.  The US is a big country and their actions towards bitcoin matters a lot especially on a global perspective.

Another drawback to actually consider is the fact that most of the moves made by governments are not sudden so many times they end up deliberating over it again and again which could be time wasting in some cases.
Believing in the position and influence of the US globally, the crypto community hopes that the positive acceptance of the US towards crypto will not allow other governments to continue ignoring crypto: they will have to make an official statement to accept or ban crypto. Usually, game theory will make them also start accumulating BTC.

Governments have found every reason to delay the enactment of a legal framework for crypto, they put crypto in a gray area and missed many good opportunities to profit from the impressive price increase of BTC over the years. That may be the biggest mistake in their political career, when they realize this and start accumulating BTC, we will no longer have the opportunity to buy BTC at a price below 100K USD :)
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: dave_strider on February 19, 2025, 01:32:33 PM
I would like to know your opinion on this issue: 
  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
  • Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
  • Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I don't expect them to because they knows what is better of for them.
I don't like to keep myself on a high jump of expectation but if the US would really hold such value of Bitcoin of course it would do holders a very huge excitement because it would contribute a high form of valuable performance to the Bitcoin market and then investors holdings could increase to the volume of their profitability.

It unfortunately wouldn't happen in one swift go, but we are moving toward it.
Slowly, step by step, BTC becomes more and more relevant for more and more people and institutions.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: EluguHcman on February 19, 2025, 01:54:41 PM
I would like to know your opinion on this issue: 
  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
  • Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
  • Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I don't expect them to because they knows what is better of for them.
I don't like to keep myself on a high jump of expectation but if the US would really hold such value of Bitcoin of course it would do holders a very huge excitement because it would contribute a high form of valuable performance to the Bitcoin market and then investors holdings could increase to the volume of their profitability.

It unfortunately wouldn't happen in one swift go, but we are moving toward it.
Slowly, step by step, BTC becomes more and more relevant for more and more people and institutions.
Of course in as much as Bitcoin is not a centralized assets to depend it valuable increments on one person, it doesn't matter of the US government finally have such amount of money to invest on Bitcoin before Bitcoin will be shaped to gain momentum.

Perhaps... There are large institutes including individuals who are Investing and with that alone Bitcoin is good to go
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: MUGNIA on February 19, 2025, 02:51:02 PM
Currently I don't have much crypto, where my btc I have sold when btc touched the price of 100K$ yesterday, currently I am just waiting for altcoin to rise and reach a new ATH for this season,
I don't think I will accumulate BTC during DT's presidential term, I don't really care about the BTC ownership of a DT, I only care about his politics, hopefully it won't burden developing countries
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: KryptoBull on February 20, 2025, 08:18:23 AM
Currently I don't have much crypto, where my btc I have sold when btc touched the price of 100K$ yesterday, currently I am just waiting for altcoin to rise and reach a new ATH for this season,
I don't think I will accumulate BTC during DT's presidential term, I don't really care about the BTC ownership of a DT, I only care about his politics, hopefully it won't burden developing countries
So you have completely cashed out your BTC holdings and are only holding altcoins until the next take-profit point. I'm quite curious as to why you are so pessimistic about the future of BTC this season. Personally, I think BTC could reach 140K USD.

Trump has many tough policies to bring fairness and benefits to the American people. His personality may be quite unique, but he is doing what he believes is best for Americans! I like Trump and hope that he can do a lot for the US in this term.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: omori on February 20, 2025, 10:19:50 AM
Currently I don't have much crypto, where my btc I have sold when btc touched the price of 100K$ yesterday, currently I am just waiting for altcoin to rise and reach a new ATH for this season,
I don't think I will accumulate BTC during DT's presidential term, I don't really care about the BTC ownership of a DT, I only care about his politics, hopefully it won't burden developing countries

He may tariff everyone and everything for the time being.
Other than that - hold tight to your holdings, we need to see the real alt season in no time  8)
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: Findingnemo on February 20, 2025, 10:45:02 AM
It's just a fancy way of saying if Trump makes BTC as reserve then price of BTC will skyrocket. Absolutely yes, if that happens then probably it's the biggest news ever on the crypto market and will triggers the bullish to go further. I don't think we can see those days in near future so let's not speculate much about that until it's become obvious.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: MUGNIA on February 20, 2025, 02:54:05 PM
Currently I don't have much crypto, where my btc I have sold when btc touched the price of 100K$ yesterday, currently I am just waiting for altcoin to rise and reach a new ATH for this season,
I don't think I will accumulate BTC during DT's presidential term, I don't really care about the BTC ownership of a DT, I only care about his politics, hopefully it won't burden developing countries

He may tariff everyone and everything for the time being.
Other than that - hold tight to your holdings, we need to see the real alt season in no time  8)
ready, survive until the altcoin season comes, even though doubts are looming but still hope that it will definitely come, but with Trump buying BTC and making it a reserve asset, it can make BTC stronger later even if it is bearish it will not fall like before where the price of desert BTC reached 50% of its new ATH
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: KryptoBull on February 21, 2025, 12:33:20 PM
It's just a fancy way of saying if Trump makes BTC as reserve then price of BTC will skyrocket. Absolutely yes, if that happens then probably it's the biggest news ever on the crypto market and will triggers the bullish to go further. I don't think we can see those days in near future so let's not speculate much about that until it's become obvious.
Many states in the US are currently discussing and voting on strategic BTC accumulation laws. This confirms the huge demand for BTC ownership in the US, when the bill is submitted to the government, the senators will tend to agree instead of opposing, meaning that we can receive news about the SBR proposal at any time.

I also hope that this news will come soon and become a price increase momentum for the whole market and then trigger altseason later this year. If it is passed next year, it will only be considered as a factor to help the BTC price drop not too quickly and severely.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: omori on February 21, 2025, 01:24:37 PM
ready, survive until the altcoin season comes, even though doubts are looming but still hope that it will definitely come, but with Trump buying BTC and making it a reserve asset, it can make BTC stronger later even if it is bearish it will not fall like before where the price of desert BTC reached 50% of its new ATH

Strong hands will keep hodling.
 8) And will be rewarded for doing it.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: bitterguy28 on February 22, 2025, 03:46:18 PM
I also hope that this news will come soon and become a price increase momentum for the whole market and then trigger altseason later this year. If it is passed next year, it will only be considered as a factor to help the BTC price drop not too quickly and severely.
if the bill is passed during the bear cycle it could even be more beneficial for the government since they could be buying bitcoin at a cheap price hopefully they know that that is the best way to accumulate bitcoin and not think of the bear cycle as a sign of total decline

surely many would be criticizing bitcoin again but if they just study the market they will be able to understand its workings and would know how to best use it to their advantage
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: KryptoBull on February 24, 2025, 09:04:13 AM
if the bill is passed during the bear cycle it could even be more beneficial for the government since they could be buying bitcoin at a cheap price hopefully they know that that is the best way to accumulate bitcoin and not think of the bear cycle as a sign of total decline

surely many would be criticizing bitcoin again but if they just study the market they will be able to understand its workings and would know how to best use it to their advantage
I've also thought about this, and it seems like the best-case scenario for the US to accumulate a lot of BTC at minimal cost, for example, they could buy BTC at 70K instead of 100K or 200K. But with the urgency from the states, the federal government may also miss the opportunity to accumulate BTC at 100K, they will have to buy BTC at $150K or 200K if the BTC price goes up and never retests 100K.

Saylor even suggested that the US should hold 20% of the total BTC supply, meaning the US will strategically reserve about 4M BTC, a huge number. We'll wait and see how big Trump's ambition for BTC will be :)
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: examplens on February 24, 2025, 11:40:36 AM
  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
  • Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
  • Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I don't like what Trump and Elon Musk are doing. I would like them to have as little influence as possible on Bitcoin and cryptocurrencies because, in the long term, it will only cause damage.
It doesn't matter if BTC is $100k, $140k or $200k. Cryptocurrencies were supposed to serve people to achieve more financial freedom, and not be the toy of any government with two clowns at the head.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: dave_strider on February 25, 2025, 09:56:04 AM
if the bill is passed during the bear cycle it could even be more beneficial for the government since they could be buying bitcoin at a cheap price hopefully they know that that is the best way to accumulate bitcoin and not think of the bear cycle as a sign of total decline

surely many would be criticizing bitcoin again but if they just study the market they will be able to understand its workings and would know how to best use it to their advantage

Correction is part of the process.

Once a person understands it - he doesn't panic sell or nervous about it.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: yhiaali3 on February 25, 2025, 08:24:31 PM
For me, according to my knowledge and the news I hear, I think that the United States is moving forward with collecting Bitcoin during Trump's term. I don't know if it will be millions as you think, but it will definitely be large amounts.

Of course, this decision will encourage many countries to take the same step. I even heard that several countries have already begun studying adopting Bitcoin as a strategic reserve, such as Russia, Brazil, and Poland, as I remember, Of course, several other countries will follow later, and this will greatly increase the demand for Bitcoin, which will push the price up. Overall, the impact will be very positive.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: KryptoBull on February 27, 2025, 05:29:04 PM
I don't like what Trump and Elon Musk are doing. I would like them to have as little influence as possible on Bitcoin and cryptocurrencies because, in the long term, it will only cause damage.

It doesn't matter if BTC is $100k, $140k or $200k. Cryptocurrencies were supposed to serve people to achieve more financial freedom, and not be the toy of any government with two clowns at the head.
I don't consider Trump and Musk as clowns, they are talented people in the financial market and they are extremely respected by Americans thanks to their talent and assets. The success of Trump and Musk is still considered beneficial for the future of crypto in the US and globally.

Trump and Musk also cannot have too much impact on the future of BTC, BTC will still be extremely successful and have great value in the future. Trump and Musk's actions only help that process become more favorable and faster. I even wait for more positive impacts so that we can have an uptrend and altseason soon this year.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: robelneo on February 28, 2025, 12:33:04 PM
I would like to know your opinion on this issue: 
  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
Possibly, one of his banner is his support to cryptocurrency and he openly support Bitcoin, and this is one of the reasons why Bitcoin jump from one all-time high to another, Institutions and big organizations are now accumulating large amount of Bitcoin because there is a possibility of racing to hoard of Bitcoin once US started to accumulate, We are in a different scenario so the earlier you accumulate the better.[/list]
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: sampoerna on February 28, 2025, 11:18:38 PM
Currently I don't have much crypto, where my btc I have sold when btc touched the price of 100K$ yesterday, currently I am just waiting for altcoin to rise and reach a new ATH for this season,
I don't think I will accumulate BTC during DT's presidential term, I don't really care about the BTC ownership of a DT, I only care about his politics, hopefully it won't burden developing countries
I know the feeling, regarding his political concerns and also some of the policies he has set. However, in reality, his decisions or policies that he takes as head of state will always have pros and cons. Even now,

Oh yeah for holding BTC, honestly I still hold my BTC and still believe that BTC will go up soon. Indeed, the price of BTC has fallen drastically, it's just that it is still in the bullrun cycle so I personally still believe in strongly holding this Bitcoin to reach my targeted price.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: Bobcrypto on March 01, 2025, 07:35:11 AM
If the government does take such a step, it could seriously boost confidence in BTC as an asset. But the question is how fast can this happen?

Well, i think it may not not be as fast as many of us are expecting, the bitcoin strategic reserve plans may come very late, however the timing remains unknown but there are indication that president Donald Trump will fulfill his promises made during the elections campaigns. I am hoping that the Bitcoin reserve should be implemented before the end of this year.
Honestly, the bitcoin reserve plans is one of the catalyst of the next bitcoin bullish momentum, and once it comes, Bitcoin land on the moon.
Title: Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
Post by: KryptoBull on March 02, 2025, 09:44:58 AM
Well, i think it may not not be as fast as many of us are expecting, the bitcoin strategic reserve plans may come very late, however the timing remains unknown but there are indication that president Donald Trump will fulfill his promises made during the elections campaigns. I am hoping that the Bitcoin reserve should be implemented before the end of this year.

Honestly, the bitcoin reserve plans is one of the catalyst of the next bitcoin bullish momentum, and once it comes, Bitcoin land on the moon.
As far as I understand, Trump only talked about crypto and he kept his promise when he signed an executive order to explore the digital asset reserve fund and not allow the sale of BTC in the US treasury. The BTC reserve bill has not been passed yet, I think it will take a long time before it is passed by the government.

As long as the government passes this law, Trump will sign it and we will have a positive change in the history of BTC and crypto development. I hope Trump will have the opportunity to help the US accumulate millions of BTC in the next 4 years.