Anthony Pompliano Urges US To Print $250B For Strategic Bitcoin Reserve

Quick Summary:

Bitcoin advocate Anthony Pompliano has called for the United States to allocate $250 billion for a Bitcoin Strategic Reserve.

He proposed printing this amount and using it entirely to purchase Bitcoin as a financial safeguard against the devaluation of the dollar.

This announcement comes as Bitcoin recently surged to an all-time high of over $94,000.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaBhutanEl SalvadorPolandUnited States

Topics: 24/7 Cryptocurrency News Bitcoin Reserve Bitcoin News Anthony Pompliano Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 21:41:42 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23707723

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 32 posts per day

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News Last Updated: 9 hours ago

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