TechFlow News, on December 26, according to Jinshi News, Trump publicly endorsed a Bitcoin reserve plan, urging the U.S. government to stockpile Bitcoin as a strategic asset. The proposal has gained support from political figures including Porter and Lummis, sparking bipartisan attention.
Trump's endorsement has given political momentum to what was once a fringe idea, marking a watershed moment for the cryptocurrency market. Democratic Congressman from California and Republican Senator from Wyoming have jointly proposed including Bitcoin in the U.S. reserve assets, partly modeled on America's gold reserves.
However, critics argue this could reinforce U.S. financial dominance and challenge Bitcoin's core principle of decentralization. Nevertheless, supporters believe the move could help address the debt crisis and drive global financial innovation.
