During his campaign rallies, Trump promised to create a national bitcoin reserve in the US, during the time of his presidential campaign rallies, Trump and his vice attended a programme which was hosted by mainly bitcoiners, and in a short clip which I watched, Trump addressing the people told every one to hold their bitcoin, that he is going to create a bitcoin national reserve in the US, and not just this, that he is also going to make US the headquarter of bitcoin and cryptocurrencies at large.

This is nothing but a promise, and promises are sometimes not kept, but for this one, I think it's very possible that Trump will keep it, I see a 90 or more percent chances of trump creating national bitcoin reserve in the US, but I am not sure about it happening in the first 100 days of him in office.

If that happen then the prive could go to the moon, Just think about how much money they could inject to the cryptos market cap, if they decide to go for a big pie e of cake then we are talking about billions or even trillions for the market.

I don't think a desition like that can be take only by the president, peple must vote that desition.

He already said that he wants to create a Bitcoin national reserve. But the problem is that Powell disagree with him,


https://www.reuters.com/technology/fed-cant-hold-bitcoin-not-seeking-change-that-powell-says-2024-12-18/

So most likely Poly or those who bet against it or that 28% probability is holding that statement from the Fed chair. So there will be a power struggle between the two. And I think the only way that Trump can force his way is to direct the US congress to create it for him.

For now, it is still open so it's hard to predict whether it can be done in his first 100 days in the office.

Polymaket's close predictions of the US elections have made them popular and one can say they have shown some level of fairness. But these centralized gambling companies are not immune to manipulation so we cannot fully trust the outputs. Trump has made some promises that is hard to believe that he can accomplish. But there are strong indications from his camp that he is interested in making Bitcoin a reserve currency. His appointment of people who are pro-crypto in his cabinet is a positive sign and his son Eric Trump also affirmed his father's willingness to do it. But he would face some challenges like how to convince or coerce Federal Reserve Chair Jerome Powell to change his negative stance.

Here's an unpopular opinion...

A Bitcoin Reserve is a bad idea. The U.S. should spend money to pay down its debt rather than going deeper into debt buying bitcoins.

He's into crypto and Bitcoin and I firmly believe that he will do his best to create that Strategic Bitcoin Reserve and that will truly impact the value of Bitcoin. Trump got enough votes from crypto community this time and surely it's one of his objectives to create such a reserve to gain more popularity among crypto community. Although, nothing is confirmed yet but I believe he's already working on that thing but not showing it publicly yet.

Ruler politics is making promises that focus on pleasing the people and electing them. It has been made by Trump during the presidential election campaign period. I don't know for sure whether it will be done or not, because politics always contains ambiguous words that can always be changed. In addition, many argue that Trump's decision was wrong and many disagree with Trump buying Bitcoin as a reserve of state assets. Indeed, from the beginning Trump was pro-crypto, so I think there is a great chance that the promise will be implemented.

The US debt is unsustainable whether they create a reserve or not but if bitcoin increases in value they could use the profits from the reserve to pay down the debt.

Obviously this will pump and dump the price making BTC more centralized.

Many have jumped to the conclusion that when Trump promised that he would make Bitcoin a reserve currency he had the authority to make it a reality in a short period of time. What he said a while ago was just political talk - we can't be sure it will be done or not - and I doubt it. The plan still needs to be discussed further in Congress and then the Fed, etc., it's just too complex and lengthy a process to make Bitcoin a reserve currency, and in the end it's just a political promise.