Why a Bitcoin Strategic Reserve is not a wise investment

Did you know that former President Trump has shown support for holding onto a stockpile of seized Bitcoins? Pretty interesting, right? But it doesn’t stop there – some lawmakers are taking this idea even further.

For instance, Senator Lummis has introduced draft legislation that would require federal agencies to report on their Bitcoin holdings and develop a strategy for managing them. This could have some major implications for how the government deals with cryptocurrencies in the future.

It’s clear that Bitcoin and other digital assets are becoming more mainstream, and lawmakers are starting to take notice. Whether you’re a seasoned investor or just curious about the future of money, it’s definitely something to keep an eye on.

So, what do you think about the idea of the government holding onto seized Bitcoins? Let us know your thoughts in the comments below!