Donald Trump has fulfilled his electoral promise of Create a Federal Co -Reservebut the way he has done it … has left everything as he was, causing discouragement between the fans of the crypts, and The fall in the price of the Bitcoin and other cryptocurrencies.
The president of the United States said a few days ago that he was going to establish a Federal Crypto reserve, using XRP, Solana, Cardano, Bitcoins and others. Now it is official, and the truth has been known: This reserve will use scam -confiscated crypts. That is, there will be no purchase of cryptocurrencies. At least for the moment.
An expert in cryptocurrencies has called him «a pig with lipstick», which is an American way to say that something that promised a lot, has disappointed.
This is the Federal Criptos Reserve
The president of the United States has already signed the executive order to create the Federal Cryptocurrency Reserve.
States that This reserve will be formed with the cryptocurrencies that the government already hasfrom scams, hackeos, detained criminals, etc. It is estimated that the State stores 200,000 bitcoins, valued at 17,000 million euros.
The announcement has made bitcoin plummeted. Three days ago I quoted almost 89,000 euros, today is worth 75,000 euros. In the last 24 hours 5,000 euros have fallen. What happened?
The first disappointment is that It is an executive orderwhich means that the next government could cancel it.
But, above all, what he did not like is that to create the reservation, Cryptocurrencies are not going to be boughtbut are going to use those that the Federal Bank already possesses. So in practice, nothing changes.
The most optimistic cryptofans say that it is already important that the country has an official Bitcoins reserve. And it is true that purchases are not ruled out in the future, but without dates or quantities.
The Federal Bitcoins Reserve of the Donald Trump government is already officialbut it is not what the Criptos market expected. It is a symbolic act, more than anything else.
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Tags: Bitcoin, economy