Donald Trump’s recent election victory reignites discussions around the United States establishing a strategic Bitcoin 
$ reserve. This proposal remains unimplemented, yet it raises curiosity about its potential implications and functionalities if executed.
Anthony Pompliano’s Perspective
Anthony Pompliano, founder and CEO of Professional Capital Management, emphasizes that creating a Bitcoin reserve is a strategic necessity for the U.S. Notably, countries like El Salvador and Bhutan have already incorporated Bitcoin into their national reserves.
“This asset (Bitcoin) is so asymmetric that if it continues to grow, it will add billions to the U.S. balance sheets alongside rising national debts,” said Pompliano.
The decentralized nature and scarcity of Bitcoin could enhance the financial resilience of the U.S. during periods of economic stability. Pompliano advocates for Bitcoin’s increasing recognition as digital gold and its adoption by nations seeking financial sovereignty.
Michael Novogratz’s Skepticism
Michael Novogratz, CEO of Galaxy Digital, expresses doubt regarding the likelihood of a Bitcoin reserve being established under the Trump administration. However, he notes that such a move could significantly boost Bitcoin’s price.
“Bitcoin is heading toward $500,000. This will attract all other countries into a different paradigm,” said Novogratz.
As Bitcoin trades around $90,291, Pompliano and his supporters argue for Bitcoin’s central role in the U.S. economic strategy. He insists that establishing a strategic Bitcoin reserve would have a substantial impact on the global financial landscape.
In conclusion, Trump’s plan for a Bitcoin reserve incites varied opinions among experts, sparking significant debates about the role of Bitcoin in national economic strategies.
