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The establishment of the United States’ Strategic Bitcoin Reserve, following a presidential decree signed by Donald Trump, signifies a pivotal step for the future of the cryptocurrency market. David Sacks emphasized that the U.S. does not plan to sell Bitcoin but aims to hold it as a store of value. He described the forthcoming reserve as a “digital Fort Knox,” reinforcing Bitcoin’s status as “digital gold” and symbolizing America’s approach to cryptocurrencies.

“The U.S. Will Become the Heart of Bitcoin and Cryptocurrencies”

Following the announcement of Trump’s presidential decree for the Strategic Bitcoin Reserve, Senator Cynthia Lummis stated on X that the U.S. will become the center of Bitcoin and cryptocurrencies. She noted that the U.S. is rapidly progressing towards leading the cryptocurrency market. Lummis expressed that “America is becoming the capital of Bitcoin and cryptocurrencies,” asserting that these developments will create a significant global impact.

The interest in Bitcoin and cryptocurrencies in the U.S. has gained significant momentum in recent years, particularly during Trump’s presidential campaign. Decisions made regarding the cryptocurrency market in the U.S. resonate not only nationally but also globally. This trend is seen as an indication that the U.S. will further integrate cryptocurrencies into its economic framework.

Bitcoin’s Value Preservation Plan: Digital Fort Knox

Sacks clarified that the U.S. will not sell its BTC but will retain it solely as a store of value. According to Sacks, the reserve will function as a “digital Fort Knox,” indicating the intent to hold Bitcoin not as an investment but to preserve value. He noted that Bitcoin is regarded as digital gold, and its value may increase over time.

This initiative is seen as a crucial step in establishing trust within the cryptocurrency community and represents a forward-looking development in the U.S. economic strategy. The adoption of this strategy could serve as an example for other nations.

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