Daim CEO Suggests: U.S. Government Should Consider Bitcoin as Part of Strategic Reserve Assets
Publication Time:2024-07-24 09:11:07
Bryan Courchesne, the CEO and founder of the cryptocurrency investment company Daim, has recently put forward an audacious proposal, suggesting that the U.S. government should contemplate including Bitcoin in its strategic reserve assets. This proposal stems from the fact that the U.S. government currently holds a significant amount of Bitcoin, and it possesses the capability to directly transfer them through the Department of Justice to the Treasury Department. According to Courchesne, this initiative is not only feasible but also likely to yield substantial economic benefits. It is revealed that the U.S. government currently holds approximately 200,000 Bitcoins, positioning it among the world's largest holders of Bitcoin. From this perspective, the process of transferring Bitcoin to become part of the reserve assets becomes relatively straightforward, especially considering their ability to be easily integrated into the Treasury Department's balance sheet. Once the U.S. government adopts this recommendation and formally includes Bitcoin in its reserve assets, it is expected to have a profound impact on the global cryptocurrency market, thereby enhancing public confidence in the stability and reliability of cryptocurrencies.
Bitcoin
Cryptocurrency Investment
Daim
U.S. Government
Strategic Reserve Assets