National Bitcoin Reserve Could Rock BTC Prices and Dollar Stability, Warns Crypto Executive


14h05 ▪
4
min read ▪ by
Ifeoluwa O.

The proposal of using Bitcoin (BTC) as a strategic reserve has been gaining attention, with several countries already adding the digital currency to their holdings. In March, President Donald Trump signed an executive order to set up a Strategic Bitcoin Reserve in the United States. While the initiative received support in some quarters, Haider Rafique, a senior executive in the crypto industry, has expressed strong reservations. He warned that establishing a national reserve of BTC could bring negative consequences for both the cryptocurrency and the U.S. dollar.

Man watches Bitcoin rocket rise as dollar bills scatter and market charts crash.Man watches Bitcoin rocket rise as dollar bills scatter and market charts crash.

Source link