Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market

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.