#WhiteHouseCryptoSummit #UScriptoReserve I am writing this text because I believe there are several doubts regarding the strategic reserve that President Donald Trump is proposing.
First, I would like to raise a few questions:
1. Would Donald Trump add
$BTC to the reserve even without knowing who its creator is and if its wallets have not been compromised by rival countries?
2. How can we be sure that BTC was not created by China, for example? If it was created by China and its creator is Chinese, what are the consequences?
It is very unlikely that Donald Trump would buy BTC without knowing who the creator of BTC is, as it is a matter of national security.
Taking into account a hypothetical situation in which the creator is Chinese and China has the largest hashrate on the network (currently a fact), would this lead to the understanding that BTC was monopolized by China, which would prevent the Chinese from manipulating the market as they see fit? The US would be in a delicate position in this situation.
Using Market Makers and CEX as an example, which already manipulate the market with a reasonable amount of money, can you imagine what the Chinese could do with so much power?
Many are criticizing Donald Trump for adding altcoins to the Strategic Reserve, but we have to analyze the scenario in general. Strengthening American companies would increase the prices of these altcoins and maintain their influence over these companies, thus maintaining more control and balance in the market, something he would not have with BTC.
In the long term, the potential for appreciation of these altcoins would be greater in relation to BTC, since the exponential increase in BTC has been decreasing over the years, which is completely normal.
Market regulations are coming. I have already said in other posts that the market's focus this year would be Stablecoins and Asset Tokenization. Institutional investors are moving slowly and taking advantage of this trend to remove retail investors from the game, thus gradually increasing their positions.
I would like to hear your opinion!