As part of the panel discussion at the Conference of The Bitcoin Conference 2025, Fred Til said that the US government is obliged to replenish the reserve in the first cryptocurrency, otherwise its creation is devoid of any meaning.
“I think this is very important. The US assertion that we will have a strategic reserve will be an empty statement if you do not begin to invest real funds in it. We have a surplus in the hydropower. And if the United States enters this business in the production of bitcoins, and this is already happening, since the president announced such an intention, it will be even better than buying an asset on the side, ”said Til.
According to the businessman, Bitcoin reserve can be called a lever of influence in the global financial market, as well as strategic reserves of gold and oil.
“Why do we need an oil reserve? To influence prices. Why do you need gold? The dollar is provided with gold, the reserve is needed in order to protect it. Strategic bitcoin reserve, in turn, makes two things-shows that this asset is important for the United States, and gives a lever of influence, ”added the head of Mara.
Til believes that there is still time to develop a full-fledged strategy to replenish the bitcoin reserve, until other countries bypassed the United States in this matter.
Earlier, the founder of the financial fund Onramp Bitcoin and the expert of Moon Jesse Myers said that by 2045, a company with bitcoins will retain 50% of the total first cryptocurrency.
Source: Bits
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