Donald Trump, who won the US presidential elections, has a national Bitcoin 
$91,963 The idea of creating a reserve fund is on the agenda. Experts and market players are discussing the implications of such a step. But this initiative causes deep divisions over its feasibility. Political, regulatory and economic obstacles make it difficult to implement the idea.
Different Opinions from Experts
Galaxy Digital CEO Michael Novogratz stated that he sees the possibility of this initiative as low. “I think the probability of that is low,” Novogratz said, pointing to the inadequacy of the Republican majority in the Senate. He stated that this situation would pose a major obstacle.
Finance and fintech professor from NEOMA Business School Dr. Arash Aloosh stated that this idea is groundbreaking but difficult to implement. Speaking to Haberleriweek, Aloosh said, “If the US government creates such a reserve, it will officially support Bitcoin.” However, he emphasized that this contradicted the government’s cautious stance.
Songping Que, senior manager of Neo Blockchain, said that the Bitcoin reserve can create different effects. “This step validates Bitcoin as a national asset and increases institutional investment,” Que said. However, he noted that such an initiative would require far-reaching regulatory changes. He also stated that the financing strategy will be challenging due to the US budget deficit.
Challenges and Potential Impacts
Experts point out that a national Bitcoin reserve poses both challenges and opportunities. Comprehensive regulations are required for the initiative to be implemented. In addition, Bitcoin must be officially recognized as a national asset. However, considering the US budget deficit of 1.8 trillion dollars, it is stated that the cost of this step will be a serious problem.
Some analysts argue that Trump could create the reserve without requiring congressional approval. However, these claims point to uncertainty about the scope of Trump’s executive powers. Political supporters think such a reserve would further legitimize Bitcoin as a store of value. They also argue that it could contribute to strengthening the US financial system.
The community and experts agree that this initiative will have major impacts on the crypto market. However, there is general agreement that obstacles such as political resistance and regulatory uncertainties will slow this process. Bitcoin reserve discussions in the USA seem to remain on the agenda for a longer time.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
