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Dennie Porter, founder of the Bitcoin-themed Satoshi Action Fund, made an incredible claim about BTC in his statement.
Porter claimed that Donald Trump, who will attend the Bitcoin Conference in Nashville on July 27, will declare Bitcoin a “strategic reserve” for the United States.
A strategic reserve refers to a reserve of goods or items held back from normal use by governments, organizations or businesses in line with a specific strategy or to cope with unexpected events.
In his statement, Porter said that he stood by his claim and that it was based on his own sources. Continuing his statement, he said the following on the subject:
“Adding Bitcoin as a 'strategic reserve' to the US Treasury is very smart, and when the US does this, the paradigm will shift and the world will realize that they too need to have a Bitcoin position.”
In the live broadcast debate between Joe Biden and Donald Trump, it is almost certain that Donald Trump will win the US Presidential elections, as Biden was almost universally acknowledged to have been defeated, and also because Trump recently survived a serious assassination attempt.
However, claims that Joe Biden will withdraw from the presidential race before the election have also become stronger. Prediction platforms currently give this possibility an 80% chance.
*This is not investment advice.