Advertise
Debashree Patra
Debashree Patra
Author
- Jan 10, 2025 09:50 UTC
-
Top Pros and Cons of Donald Trump’s Bitcoin Strategic Reserve Plan
Trump’s proposal to include Bitcoin in U.S. national reserves could stabilize its price but raises concerns about government control.
Anthony Scaramucci sees Bitcoin reserves as a strategic move for economic growth, but it could threat decentralization.
Scaramucci predicts Bitcoin’s long-term growth, potentially reaching $200K by 2025.
The cryptocurrency world is buzzing with speculation as President-elect Donald Trump 
Donald Trump
Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.
Quick Facts
Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician
Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.
Donald Trump - Career Highlights & Events
2016 – Elected as the 45th President of the United States from the Republican Party. 2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments 2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money" 2024 – Campaign signals potential openness to crypto-friendly reforms 2025 – Elected as the 47th President of the United States from the Republican Party.
A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.
President 
hints at a potential shake-up involving Bitcoin reserves. Crypto experts like Anthony Scaramucci are closely following the developments, as Trump’s first executive order—expected to include pro-crypto policies—could significantly impact the market.
Meanwhile, Bitcoin is facing some challenges, currently trading around $92K after briefly dipping below $100K. Investor doubts about Trump’s crypto promises and a hawkish Federal Open Market Committee (FOMC) meeting have contributed to the price drop.
When Will the Bitcoin Strategic Reserve Get Passed?
Trump’s plan for Bitcoin reserves suggests that the U.S. government could hold significant amounts of Bitcoin as part of its national reserves. This could have a huge impact on the market, potentially stabilizing Bitcoin’s price by creating a government-backed reserve. However, Trump’s idea also comes with risks, particularly around the idea of government control over a decentralized currency like Bitcoin.
Anthony Scaramucci’s Take
Anthony Scaramucci, a well-known figure in the crypto world, sees the Bitcoin reserve idea as a potentially groundbreaking move, though not without complications. He believes a U.S. Bitcoin reserve could strengthen the economy and increase national security, especially as the world shifts toward digital currencies. However, he cautions that government control over Bitcoin could undermine its decentralized nature, which is one of its main attractions.
A Powerful Hedge Against Inflation
Scaramucci believes Bitcoin could be a useful tool for the U.S. to hedge against inflation and improve the financial system. However, he stresses that careful planning is needed to prevent over-centralization and ensure that innovation within the crypto space is not stifled.
Despite Bitcoin’s recent price fluctuations, Scaramucci remains optimistic about its future. He compares its current phase to the early days of the internet and predicts exponential growth as more people adopt it. He even forecasts that Bitcoin could reach $200,000 by the end of 2025, although he acknowledges there may be some dips along the way.
Understand Before Dismissing!
Scaramucci also criticizes those who dismiss Bitcoin without understanding its technology, pointing out that it is still in its early stages, with only 5-6% market penetration. On the legislative side, he expects major developments under a pro-crypto administration, including the introduction of a Bitcoin Strategic Reserve within Trump’s first 100 days. This could signal strong support for Bitcoin, boosting investor confidence.
Additionally, Scaramucci is hopeful about bipartisan efforts to create clear crypto regulations, which could make the market safer and more predictable for investors, while discouraging bad actors.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
With key figures like Scaramucci backing the concept, the idea of a Bitcoin-backed future is edging closer to reality.
FAQs
As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046.
Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars.
As per our latest BTC price analysis, the Bitcoin could reach a maximum price of $5,148,828.
Yes 
No 
