Don’t expect US to approve Bitcoin reserve: CryptoQuant CEO
In a lengthy post on X, CryptoQuant CEO Ki Young Ju questioned whether the U.S. would embrace a Bitcoin reserve under the incoming Donald Trump administration.
“I personally support the idea of Bitcoin Standard,” Young Ju said. “However, I question whether the U.S., while continuing to grow as other economies stagnate, would adopt Bitcoin as a strategic asset. For the debate to gain serious momentum, the U.S. would need to see its global economic dominance genuinely threatened. At present, market sentiment suggests confidence in the U.S.’s continued supremacy.”
Trump, on the 2024 campaign trail, promised to establish a national Bitcoin (BTC) reserve to drum up support among cryptocurrency enthusiasts….
