Big news in the world of cryptocurrency! President Trump wants the US government to create two giant collections of digital money, like a super-secret treasure chest. One will be all Bitcoin, and the other will have other cryptocurrencies.
These coins were taken from people who broke the law. The government already has about 200,000 Bitcoins worth around $17 billion! They're going to count them carefully to see exactly how many they have.
This is a big deal because it shows the US government is taking cryptocurrency seriously. But some people are worried about it.
- The US will have huge cryptocurrency reserves.
- The government won't use taxpayer money to buy more.
- Some of the coins might belong to others.
- Bitcoin's price dropped after the announcement.
Fact | Number |
---|---|
Estimated US Bitcoin holdings | 200,000 |
Approximate value of holdings | $17 billion |
Bitcoin price change after announcement | -6% |