Peter Schiff scolds 'BTC strategic reserve': Trump should create the US currency, with a limit of 21 million coins, and I've designed the logo.

US President-elect Trump has expressed interest in establishing a national BTC strategic reserve, but Peter Schiff, the founder of SchiffGold, who has always criticized the lack of value of BTC, suggested on the 21st that a 'USACoin' could be created to replace the BTC strategic reserve. He even designed the logo for USACoin himself. (Background: 'BTC Supercycle' coming? Analyst: Trump's BTC reserve, global corporate frenzy buying may break the Halving bull-bear destiny) (Background: Full text of the 'US BTC Strategic Reserve' executive draft: Managing BTC as a permanent national asset) US President-elect Trump may establish a national BTC strategic reserve after taking office. However, as a BTC skeptic, Peter Schiff, the founder of SchiffGold, has repeatedly expressed his opposition to the idea of the US government creating a strategic BTC reserve. Peter Schiff called on the US President on the 10th to sell all BTC currently held by the federal government before leaving office, stating that the funds raised through this could reduce the 2024 budget deficit and put an end to all the absurd ideas about establishing a strategic BTC reserve. Peter Schiff further proposed on the 21st that the US government could create an alternative, advocating for the creation of 'USACoin' instead of establishing a strategic BTC reserve, claiming that this could save the US a significant amount of money: Like BTC, the supply of USACoin is capped at 21 million, and USACoin can run on an upgraded Blockchain and can actually be used for payments, allowing us all to prosper. Interestingly, Peter Schiff used Grok, an AI chatbot, to design the logo for USACoin, which features the heads of Trump and Tesla CEO Musk. Peter Schiff also shouted the marketing slogan 'HODL to the moon America.' Peter Schiff stated that USACoin will be as scarce as BTC but more practical. Related reports: Michael Saylor proposes a digital asset framework: offset US national debt with BTC reserves! CryptoQuant deems it feasible but challenging. Vancouver passes 'BTC-friendly city' proposal! Considering adding BTC to financial reserves and paying taxes. Russian Parliament proposes 'including BTC in strategic reserve assets' to counter international economic sanctions. This article was first published on BlockTempo, the most influential blockchain news media in the dynamic BlockTempo.

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FreedomBeginsWithWealvip
· 2024-12-22 11:15
Where did this confidence come from?
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TheVanishedGalaxyvip
· 2024-12-22 09:33
Expect Trump to come to power and stuff his head into his
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SarkiSultanvip
· 2024-12-22 09:27
we look forward to witnessing the transition
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