Nic Carter: Bitcoin has been officially recognized by the US government, but other cryptocurrencies have not yet received this treatment
2025-03-07 04:27
Odaily News David Sacks, the White House AI and encryption director, retweeted Castle Island Ventures partner Nic Carter, who said that Trump's signing of the US Strategic Bitcoin Reserve Executive Order shows that:
1. Trump fulfills his campaign promises;
2. Bitcoin reserves are significantly different from altcoin reserves;
3. Bitcoin has been officially recognized by the US government, but other cryptocurrencies have not yet received the same treatment;
4. It does not require taxpayers’ money to purchase Bitcoin, so there may not be strong opposition;
5. It stands to reason that in the future, the purchase of cryptocurrencies such as Bitcoin may be the responsibility of Congress.
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