Trump emphasizes that the strategic Bitcoin reserve initiative aims to prevent other powers, notably China, from dominating the cryptocurrency sector, positioning the U.S. as a leader.
The president claims Bitcoin represents a "second stock market," crucial for enhancing the U.S. economy and ensuring the country remains competitive in global innovation.
The formation of an Advisory Council on Cryptocurrencies signals a commitment to developing policies that support investment and regulation of digital assets in the U.S.
By leading in cryptocurrency, the U.S. aims to avoid potential dominance by other nations, underscoring blockchain technology's importance for the global financial future.
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