Nic Carter: Bitcoin has been officially recognized by the U.S. government, while other cryptocurrencies have not yet received this treatment
ChainCatcher news, White House AI and crypto chief David Sacks forwarded a tweet from Castle Island Ventures partner Nic Carter, who stated that Trump's signing of the U.S. Strategic Bitcoin Reserve executive order indicates:
- Trump is fulfilling his campaign promise;
- Bitcoin reserves are clearly different from altcoin reserves;
- Bitcoin has received official recognition from the U.S. government, while other cryptocurrencies have not yet received the same treatment;
- There is no need to spend taxpayer money to purchase Bitcoin, so there may not be strong opposition;
- Future purchases of cryptocurrencies like Bitcoin may be the responsibility of Congress, which is also reasonable.
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