Zhu Su: The establishment of the Strategic Bitcoin Reserve Act means that BTC is no longer seen as a "challenger to the US dollar"
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Odaily reported that Zhu Su posted on X platform, stating that the establishment of the strategic Bitcoin reserve bill sent an important signal, as Bitcoin has long been seen as a challenger to the US dollar or a protocol that facilitates "illegal" fund transfers. The strategic Bitcoin reserve allows Bitcoin to be viewed as a digital bearer asset on par with gold, which will be recognized in the West and around the world. The US government does not need to accumulate hundreds of millions of Bitcoins, but only needs to make Bitcoin the sole coordinating point for digital value storage.
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