Does the US Government Really Support Bitcoin?

Ki Young Ju, the head of CryptoQuant, raises concerns about the true intention behind the US government's ability to adopt Bitcoin standards. While he personally supports the concept of using Bitcoin as a strategic asset, he remains skeptical of whether the US will fully embrace it without significant external pressure threatening its economic dominance. What does the Bitcoin standard mean for the United States? The idea of a Bitcoin standard suggests that the United States may consider Bitcoin as a reserve asset. Ju argues that if this happens, the government's priorities may differ significantly from those of Bitcoin supporters. He emphasizes that the United States may not adopt Bitcoin in the way many cryptocurrency enthusiasts imagine. Why does the United States buy Bitcoin? Experts speculate that the US government may consider buying Bitcoin as part of risk management or to influence the economy. However, he doubts that this will stem from a genuine intention to protect the monetary system as Bitcoin supporters envision. Global capital inflows into the US continue to reinforce confidence in the enduring strength of the dollar. Supporting Bitcoin standards but skeptical of US recognition. The government's approach may conflict with Bitcoin supporters' views. Trump's ability to strengthen the dollar may affect his stance on Bitcoin. The US may buy Bitcoin for leverage, not security. CryptoQuant's CEO believes that if Donald Trump succeeds in strengthening the position of the US dollar, this could lead to a decrease in the support he previously declared for Bitcoin. When the dollar achieves stability and popularity, the former president's enthusiasm for Bitcoin may gradually diminish. DYOR! #BtcNewHolder #Write&Earn $BTC {spot}(BTCUSDT)