BTC
🏛️ Donald Trump announced the creation of a strategic reserve including cryptocurrencies, specifically mentioning Bitcoin and Ethereum, among others.
🤔 There are concerns about potential insider trading, as a large leveraged position in Ethereum and Bitcoin was created minutes before the official announcement.
💼 The speaker supports a strategic reserve of Bitcoin due to its decentralized nature and properties similar to gold, but questions the inclusion of other cryptocurrencies with underlying companies.
📅 The speaker plans to continue investing in Bitcoin long-term (5, 10, 15, 20 years), emphasizing its resilience and independence from government actions.
@Javierlinares:
“The president announced on the social network Truth Social that he was going to create a strategic reserve with, among other cryptocurrencies, Cardano, Ripple, Solana, and then he put another tweet saying that, of course, also Ethereum and Bitcoin. I can understand the meaning of a strategic reserve of Bitcoin, and moreover, I support it and advocate for it, because I believe it is an asset that is decentralized and that has many more properties similar to gold, and that can serve to protect and to act as a store of value for the dollar reserve in the long term. But not so much individual projects that are more speculative and that have a company behind them, such as Ripple or Cardano, for example. I am going to continue investing and trusting in Bitcoin in the long term: 5, 10, 15, 20 years. Nothing about trying to guess what will happen in a month or two, depending on what a president does, because what I like about Bitcoin is that it does not depend on any government, on any president, and it has shown to be totally resilient, both to attempts to boost the cryptocurrency and to attempts to ban it, as has been done many times from China.”
Watch the exact part of the video where Javier talks about Bitcoin here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Bitcoin (BTC) at the following link. BTC stock.
