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XRP’s lawyer John Deton explained how to get a strategic reserve in the US cryptocurrency community during the second White House period by President Donald Trump. The debate on Bitcoin’s strategic resources has become more active as President Trump has expressed the determination to make the United States a world cryptocurrency in the world and the capital of artificial intelligence (AI). The recent inclination to the market has attracted positive emotions from developers’ prices and calm regulations.
Presidential Order of John Deton Weagus
Analysts pointed out changes in the viewpoint as the fastest conversion of Bitcoin’s strategic reserve increased in the cryptocurrency field. In recent posts on X, Deton explained that although the presidential decree could achieve strategic bitcoin reserves, there were also negative aspects.
According to him, President Trump can issue a presidential decree to stop all BTC sales and create a hidden place for seized assets. These assets are stored in Escro for a certain period of time without being sold. However, this agreement does not add a new BTC to the strategic reserve. Alternatively, the approach of Sennthia Lumis, who has purchased 1 million BTCs and holding it for 20 years, will need an actual legislation.
“I have been saying what the definition of SBR is for a while. President Trump is to store and do not sell all seized BTCs (or other quoted digital assets) through EO. If we call it SBR, we are convinced that SBR is purchased. Is necessary.
Deton suggested that both are strategic bitcoin reserves, but cryptocurrency users have a bill for the government to acquire more assets to ensure bullish funds. He claims to be the best option.
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Strategic bitcoin reserves excite investors
After the approval of Spot Bitcoin ETF, traditional companies have increased exposure to the market and accumulated. The growth has led to the mainstream Bitcoin adoption, including further efforts to hire bitcoin assets by the US government. Last year, Senator Lumis submitted a strategic bitcoin preparation bill, and the holder is excited by a friendly government in a cryptocurrency.
For Lumis, the government should sell money, hold bitcoin, and use it to reduce national debt. With the US government holding bitcoin, asset prices will increase compared to previous profits. Furthermore, as the world’s largest economic power is the main player, other jurisdictions will increase as much as possible.
