Big signal! Trump may announce BTC as a U.S. strategic reserve asset at the Bitcoin Conference next week

According to news on

20247month19, it is rumored that former US President Donald ·Trump is about to make a breakthrough statement at the 2024 Bitcoin conference to be held next week. Industry insiders revealed that the former president may plan to use Bitcoin (BTC) as a strategic reserve asset for the United States. However, these claims have not been confirmed by Trump or his staff, and there is no official confirmation yet.

2024 Bitcoin Conference is scheduled to be held next week (7month25day-27day) in Nashville, Tennessee, USA. Trump himself will attend the conference on 27 and gave a speech.

BnkToTheFutureFounder Simon ·Dixon (Simon Dixon) and Satoshi Action FundCo-Founder Dennis ·Porter (Dennis Porter) both quoted reliable sources on social media shared this rumor.

co-founder Dennis·Porter (Dennis Porter), who is also a conference attendee, posted on social media that Bitcoin is the most likely path to becoming a U.S. strategic reserve asset. , is to become the Exchange Stabilization Fund (ESF) of the U.S. Treasury Department.

The following is

’s detailed view on “How to use Bitcoin as a strategic reserve for the United States through the Exchange Stabilization Fund?” Using Bitcoin as a strategic reserve would be a decisive win for both the United States and Bitcoin, but some will ask “how to achieve this”. The most obvious way is through the U.S. Treasury Department’s Exchange Stabilization Fund (

). Introduction to the Exchange Stabilization Fund (

)The Exchange Stabilization Fund is a special fund operated by the U.S. Department of the Treasury. It was established under the Gold Reserve Act of

, with the main purpose of stabilizing the value of the US dollar. ESF provides the Treasury with a tool to influence exchange rates and promote stability in the foreign exchange market through currency and gold operations. (Remember, Bitcoin is essentially considered a foreign currency.)

Key Features: FX Intervention:

can buy and sell foreign currencies and gold (Bitcoin?) to influence the value of the US dollar. This is typically done in coordination with the Federal Reserve System to ensure consistency with broader monetary policy objectives. Interventions can take place in the spot market (immediate delivery) or the forward market (future delivery). Stabilize the US Dollar: By intervening in the foreign exchange market, the

aims to stabilize the value of the US dollar relative to other currencies. This helps prevent or mitigate exchange rate fluctuations that could have a negative impact on international trade and financial stability. Emergency Financial Operations:

can provide emergency financial support in certain situations, such as financial crises or to support specific government financial commitments. How to add Bitcoin to

? Integrating Bitcoin into

would be a novel endeavor, given Bitcoin’s unique architecture relative to traditional currencies and commodities. Here are the possible ways: Hold Bitcoin as a Reserve Asset:

can start holding Bitcoin as part of its reserve assets, similar to how it holds foreign currencies and gold. This will diversify ESF’s assets and provide a hedge against inflation and currency devaluation. Bitcoin Intervention:

can intervene using Bitcoin to stabilize the US dollar or other currencies. For example, Bitcoin can be bought and sold to influence its exchange rate relative to the U.S. dollar (they should just hold). This is similar to its current FX and gold operations. Provide Liquidity: During times of financial stress,

can provide Bitcoin liquidity to the market or institutions in need, helping stabilize financial conditions and support market confidence. Policy Coordination: Integrating Bitcoin into the

requires close coordination with financial regulators to ensure a smooth and consistent process.

額外行政命令：停止美國法警對沒收比特幣的拍賣，將55億美元的比特幣轉移到財政部的ESF中。這可能需要行政命令。這樣做的好處是，美國不需要在公開市場上購買比特幣。

前進的道路是明確的，但需要勇氣。如果美國能夠大膽領先，我們將擁有戰略性的比特幣優勢，可以在未來幾十年內支持美國經濟和美元。

此次大會觀眾人數、收入或創記錄

近日，據外媒報道，川普將出席的比特幣大會組織者正在加強安保措施，為創紀錄的觀眾人數做好準備。預計出席人數將超過去年約1.2萬人，甚至可能達到2022年的2.5萬人，創下新紀錄。大會組織者布蘭登·格林表示，自宣布川普出席以來，門票銷售加快，預計最終觀眾人數可能在2萬到4.5萬人之間。這次會議將為比特幣產業和政界人士提供獨特的合作機會。

另外，據華盛頓郵報報道稱，會議的一位創始人向川普承諾，參加會議可能為其帶來1500萬美元的收入。媒體取得的邀請函顯示，川普將在大會期間舉辦競選募款活動。支持者可以支付6萬美元與川普合影，雙人合影價格為10萬美元，與川普同桌合影則需84.46萬美元。根據美國競選財務法規，這也是個人或實體的捐款上限。知情人士透露，川普的副手萬斯也將作為特別嘉賓出席募款活動，預計出席人數控制在100-150人。這些嘉賓還將獲得比特幣大會的前排座位，近距離觀看川普的演講。

The above is the detailed content of Big signal! Trump may announce BTC as a U.S. strategic reserve asset at the Bitcoin Conference next week. For more information, please follow other related articles on the PHP Chinese website!