WSJ: The claim that using Bitcoin as a strategic reserve asset is at odds with "breaking free from government constraints".

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ODAILY
07-31
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Odaily Odaily News The Wall Street Journal (WSJ) editorial board wrote that former President Donald Trump allegedly planned to make Bitcoin a strategic reserve asset, but this is inconsistent with the value of cryptocurrency. WSJ wrote that Trump said at a Bitcoin conference in Nashville last week that Bitcoin represents freedom and independence from government, etc., but this view is inconsistent with the way he has used Bitcoin since his election in November. The column pointed out: "What he is proposing is not freedom from government. He hopes that all Bitcoins in the future will be made in the United States, which is a restriction on freedom and requires a larger power grid because Bitcoin mining requires a lot of energy." The column stated that if Trump does take office in January next year, he will make a "rough plan" to turn Senator Cynthia Lummis' bill into reality, which echoes the many contradictions of the billionaire's "Make America Great Again" slogan, and also conflicts with most of the positions that cryptocurrency represents.

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