- No, the US government will not buy bitcoins to add to the reserve
- The same applies to Altcoins, because Sacks claims that the “Reserve does not cost taxpayers a dime”
The President of the United States – Donald Trump has officially taken the first step in creating a strategic crypto reserve. The announcement was made by David Sacks-Witte House-appointed ‘Crypto Czar’-today on X. It stated that President Trump signed an executive order to create a strategic Bitcoin reserve.
It stated“
“Only a few minutes ago, President Trump signed an executive order to set up a strategic Bitcoin reserve. The reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of the procedures for criminal or civil assets. This means that the taxpayers do not cost a dime. ”
The story is still developing.