So when the US does buy a ton of bitcoin and creates a strategic reserve, is the idea that later on they'll create a quasi-UBI with it and distribute the BTC to taxpayers?
A 'Strategic Bitcoin Reserve' could stabilize the market, increase the value of the US dollar, and provide a safety net for the US economy. https://t.co/Vg1Xa3H7He
💥JUST IN: Bankless co-founder Ryan Sean Adams believes #Ethereum could become a global reserve asset. He also suggested Trump might push for US $ETH reserves to avoid falling behind other nations in the crypto race. https://t.co/Zr2JgI86uz



Discussions are intensifying regarding the establishment of strategic cryptocurrency reserves in the United States, particularly for Ethereum and Bitcoin. Advocates argue that a strategic Ethereum reserve is essential for national security, citing that the total stablecoin market capitalization has surpassed $200 billion. Additionally, Ethereum's total application capital is reported to be more than three times that of all Layer 1 blockchains combined, and its monthly NFT volume exceeds twice that of the next largest chain. Recent data indicates over $2 billion in ETF inflows in the past two weeks. Meanwhile, it has been noted that the U.S. government already possesses a Strategic Bitcoin Reserve. Proponents believe that a strategic reserve for Bitcoin could stabilize the market, enhance the value of the U.S. dollar, and serve as a safety net for the economy. Some speculate that if the U.S. were to accumulate a significant amount of Bitcoin, it might lead to the creation of a quasi-Universal Basic Income (UBI) system, distributing Bitcoin to taxpayers.