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Showing posts with the label bitcoin reserve

80% of Americans Want Bitcoin in National Reserves Over Gold

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Bitcoin in National Reserves has become quite a fascinating topic of discussion right now, especially as trust in the United States dollar continues to face certain challenges. According to a recent and rather surprising survey, about 80% of Americans would actually prefer to see some portion of the national gold reserves converted into bitcoin, which really does signal a remarkable shift in public sentiment toward cryptocurrency. 4 in 5 Americans want some US gold reserves converted to bitcoin. pic.twitter.com/ibxXfe04g5 — The Nakamoto Project (@NakamotoProjct) May 19, 2025 Also Read: Goldman Sachs: MAG7 Hits 7-Year Low Amid AI, Trade & Antitrust Fears Why Bitcoin Tops Gold as America’s New Currency Hedge of Choice Source: Watcher Guru Many Americans are currently viewing Bitcoin in National Reserves as a potential hedge against inflation and also currency devaluation. This growing preference for cryptocurrency over traditional assets like gold seems to reflect increasing concern...

WuBlockchain Weekly: Trump Officially Signs Executive Order for U.S. National Bitcoin Reserve, White House Hosts Crypto Summit, etc

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1. President Trump Signs Executive Order to Establish Strategic Bitcoin Reserve link David Sacks, the “Crypto Tsar” and the White House’s AI and Crypto Affairs Chief in the United States, tweeted that Trump has signed an executive order to establish a strategic Bitcoin reserve. The funds for this reserve come from the bitcoins obtained by the federal government through criminal or civil asset forfeiture procedures, without involving taxpayers’ money. These bitcoins will be used as a store of value and will not be sold. In addition, the executive order also establishes a US digital asset reserve for holding confiscated digital assets other than bitcoin, but will not acquire any new assets. This reserve will be managed by the US Department of the Treasury. Fox reporter Eleanor Terrett has conducted an in-depth Analysis of Trump’s establishment of strategic Bitcoin and digital asset reserves. The strategic reserve contains only BTC, with the initial funds coming from approximately 200,00...

Ripple Secures Money Transmitter Licenses In New York And Texas As CEO Brad Garlinghouse Argues Against Strategic Bitcoin Reserve

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Blockchain payments company Ripple Labs has secured money transmitter licenses in the US states of New York and Texas as CEO Brad Garlinghouse came out against a strategic Bitcoin reserve in the US. The company said in a Jan. 27 notice that regulators in both states approved the money transmitter licenses. Ripple Labs reportedly now holds over 50 such licenses across different jurisdictions, which enables the company to offer US customers a cross-border payment solution. Ripple CEO Says US Strategic Reserve Should Be Representative Of Crypto Industry Ripple’s announcement follows an X post by Garlinghouse that said the potential US strategic crypto reserve should be “representative of the industry.” Instead of focusing solely on a single token or coin, such as Bitcoin (BTC) or Ethereum (ETH), Garlinghouse says the Donald Trump administration should create a multi-crypto reserve. Some thoughts on maximalism… let me say this as clearly as I can – ...