From Nasdaq Media Company
February 13, 2025 06:00:35 AM:

President Donald Trump signed an executive order to evaluate establishing a national stockpile of digital assets, fulfilling a campaign promise. The U.S. government currently owns over 207,000 Bitcoin which could impact inflation. Economists believe a national Bitcoin reserve could increase spending power for Americans and diversify the national reserve.

Experts suggest that a strategic Bitcoin reserve could act as a hedge against inflation, currency devaluation, and help pay down government debt. If the U.S. were to acquire 1 million Bitcoin by 2029, it could represent 35% of the national debt by 2049. Trump’s strategic Bitcoin reserve could offset national debt in the coming years.

Establishing a strategic Bitcoin reserve by the U.S. government could accelerate cryptocurrency adoption globally and legitimize Bitcoin. Critics, however, raise concerns about Bitcoin’s volatility and speculative nature. The effects of a national Bitcoin reserve on the economy remain to be seen, with both potential benefits and risks to consider.

Read more at Nasdaq: How Trump’s ‘Strategic Bitcoin Reserve’ Could Affect the Economy in 2025