President-elect Donald Trump embraced cryptocurrency during his 2024 campaign and has even made noises about creating a "Bitcoin reserve" in which the United States would hoard a stash of cryptocurrency much in the same way it keeps reserves of key resources such as gold and petroleum.
However, Forbes is reporting that China may have already beaten Trump to the punch by creating its own reserve, which Forbes describes as the president-elect's "nightmare."
As evidence, Forbes points to recent comments made by one-time Trump official Anthony Scaramucci on a recent podcast appearance.
"I think China is already acquiring [bitcoin]," Scaramucci recently told on the Bankless Podcast. "[China] knows Trump is going to be pro and long bitcoin."
Forbes also notes that "China and the U.S. both have around 200,000 bitcoin as a result of seizures from criminals, though the U.S. is expected to eventually sell its bitcoin at auction—something Trump said he doesn't want to happen."
This underwater city builder had me more emotionally invested in my corals than SimCity does in my human citizens, and you can try it at the next Steam Next Fest
Elden Ring Nightreign Equilibrious Beast boss guide: How to beat Libra
The Kingmakers system requirements show that the hardest part of running the game may be finding 80 GB free for the install
Самый милый и жестокий шутер-рогалик AK-xolotl перенесли на Android
ОГРОМНЫЙ ПОЛИТИЧЕСКИЙ СКАНДАЛ: США И СССР ПОДГОТОВИЛИ СНОС...США. СЕНСАЦИЯ! Важные новости! В.В. Путин, Дональд Трамп, Илон Маск. Россия, США, Европа могут улучшить отношения и здоровье общества?!
Навзади: пострадавшие в ЧП в Брянской области находятся в НИИ имени Склифосовского
ЦСКА сравнивает счёт с "Локомотивом": девятая победа в Кубке России!
Город будущего — в твоих руках: жители Архангельской области выбирают, какие места благоустроят к 2026 году
Архангельские гребцы завоевали две медали на первенстве России в Краснодаре
Арктика с женским лицом: Архангельск готовится к масштабному форуму лидеров и идей
Заместитель прокурора Архангельской области и Ненецкого автономного округа Павел Матанцев провел личный прием работников ГУП НАО «Нарьян-Марская электростанция»
