The US Treasury Secretary reveals what will be the basis of the Bitcoin Strategic Reserve star-news.press/wp

United States (United States) Treasury Secretary Scott Bessin He retracted his previous comments and revealed plans for the Bitcoin Strategic Reserve. He mentioned the basis for this initiative and how the US government intends to expand the reserve over time.

The Treasury Minister comments on the strategic bitcoin reserves

in X postTreasury Secretary Scott Payett said that BTC recently lost to the federal government will be the basis for the strategic Bitcoin Reserve, which was established by Trump in March until March Executive. He also revealed that they are committed to exploring neutral budget tracks to gain more bitcoin to expand the reserve.

The Treasury Minister noticed that this is in line with Trump’s promise To make the United States “the superpower of bitcoin in the world.” Meanwhile, it should be noted that the BESSENT statement came after earlier Fox business interview He said they have no plans to buy BTC for the Bitcoin Strategic Reserve.

His comment during this interview sparked a violent reaction from the encryption community, which felt treason about the BTC Strategic Reserve. This is based on the fact that the president’s executive order has imposed the digital asset working group to consider the roads We can buy more BTC.

As such, it is possible that the reverse reaction is what pushed the post Pisent. After his statement, supporter of the house. Notice the Senator Cennia Lomes The treasury minister was right to find a neutral budget path to build a strategic bitcoin reserve. She added that they could not save the country from the debts of $ 37 trillion by buying more BTC.

Instead, Senator suggested that they be able to re -evaluate gold reserves to today’s prices and transfer the value increase to build BTC reserves. Then Lomes announced that the United States needs Bitcoin Law. This is a draft law it presented, as the United States has imposed the purchase of a million BTC over the past five years for the Bitcoin Strategic Reserve.

A neutral budget method for buying BTC

The CEO of the Satoshi Labor Fund Dennis Porter He suggested a neutral budget method that the US government can buy more BTC for the Bitcoin Strategic Reserve. in X postHe stated that this method benefits from the pregnancy tools obtained through confiscation or other means. This will enable the government to generate revenues to buy BTC without additional budget allocations.

Porter added that when the United States gets assets that carry the return through confiscation, it can keep these assets in its original form while using the revenues it generates to buy BTC. the government They can participate in Altcoins and use returns from this endeavor to buy BTC. Arkham data It shows that the government bears altcoins like ETH and BNB, which can share and gain the return.

At the time of this report, the BTC price is traded by about $ 118,800, a decrease of more than 3 % in the past 24 hours, according to Data From Coinmarketcap.

Distinctive photo of Pixabay, Chart from TradingView.com

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