BREAKING: Donald Trump Touts Bitcoin As Strategic Reserve Asset For The US

Quick Summary:

According to a Forbes report, former President Donald Trump has recently expressed strong support for Bitcoin (BTC), igniting discussions about classifying the cryptocurrency as a strategic reserve asset.

Thorn emphasizes that BTC’s network layer could expand to include nation-states, transforming it into a valuable tool for economic statecraft.

Lummis believes that Bitcoin is an excellent store of value and sees the benefits of the country diversifying its investments.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: HungaryChinaUnited States

Topics: BTCUSDT Digital currency Bitcoin price Bitcoin Bitcoin news Btc Breaking News Ticker Donald Trump Bitcoin Donald Trump news Crypto Btcusd Donald Trump Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 20:13:22 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 297 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 21474921

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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