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BitcoinSistemi 2025-01-21 07:50:07

Trump Disappointed! Did Bitcoin (BTC) Reserve Plans Fail? Arthur Hayes Reveals the Truth!

Trump Disappointed! Did Bitcoin (BTC) Reserve Plans Fail? Arthur Hayes Reveals the Truth!

The day that has been awaited since November came yesterday and Donald Trump was sworn in and officially took office as President of the United States. While the Bitcoin and cryptocurrency world was closely following Trump's inauguration ceremony, Trump did not mention BTC and crypto at all in his first speech. This situation brought a decline to the market and question marks began to arise about the Bitcoin reserve. At this point, Arthur Hayes, who draws attention with his analysis, said that he is skeptical that Trump will create a Bitcoin reserve. Former BitMEX CEO and Maelstrom CIO Arthur Hayes predicted that President Donald Trump would not prioritize creating a Bitcoin reserve, citing other pressing financial priorities such as healthcare and defense. Hayes said Trump would put the Bitcoin reserve on the back burner due to the limited time frame before the midterm elections and competing budget demands. Hayes also noted that Trump has plenty of other things to devote his time and money to, saying: “I don't think Trump is going to try to create a Bitcoin reserve right now. Are you going to borrow money to buy Bitcoin? Or are you going to borrow money to provide healthcare for the elderly who voted you in? Or are you going to build more bombs to make the defense lobby love you? “There are many different things you can spend your money on. I don't think Trump is going to spend it on Bitcoin. As important as Bitcoin is to his brothers, there are many other interested parties who want borrowed money in their pockets.” Finally, Hayes acknowledged that the optimism in the crypto community regarding the Bitcoin reserve is overwhelming, saying, “I hope I'm wrong.” *This is not investment advice. Continue Reading: Trump Disappointed! Did Bitcoin (BTC) Reserve Plans Fail? Arthur Hayes Reveals the Truth!

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