📌 Summary: Debate on #Bitcoin! reserves in the US
Trump and Bitcoin:
Donald Trump considers establishing federal reserves in Bitcoin.
The proposal comes amid the rise of $BTC above $100,000.
Expert criticism:
Bill Dudley and Lawrence Summers highlight the volatility and risks of Bitcoin as a national reserve.
They warn of possible market manipulation and economic challenges such as inflation and debt.
Practical challenges:
Funding reserves in BTC would require greater debt or currency issuance, with risks of inflation.
A clear exit plan is missing to manage the volatility of the asset.
Regulatory framework as an alternative:
Proposal to establish clear laws to regulate cryptocurrencies and stablecoins.
Backing stablecoins with safe assets such as Federal Reserve deposits or Treasury securities.
Crypto promises and policy:
Trump promised not to sell $BTC seized for illicit activities.
Senators like Cynthia Lummis propose that the government acquire 1 million BTC.
Possible pro-crypto orientation with figures like David Sacks in key roles.
The idea of Bitcoin reserves generates interest but faces regulatory, economic and technical obstacles.
The balance between innovation and stability will be crucial for future US policies regarding cryptocurrencies.
