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Coin-Turk 6 minutes ago
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Ki Young Ju, the CEO of CryptoQuant, warns that the U.S. government’s motivations for establishing a Bitcoin 
$92,322 standard may differ from what investors expect. Ju expresses personal support for the concept of a Bitcoin Standard but questions whether the U.S. will recognize it as a strategic asset. He believes that without a genuine threat to its global economic dominance from another country, the U.S. is unlikely to embrace Bitcoin seriously.
The Future of Bitcoin Reserves
The notion of a Bitcoin Standard entails the U.S. government using Bitcoin as a reserve asset. Ju argues that even if this were feasible, the government’s intentions would likely differ significantly from those of Bitcoin advocates and investors. He highlights that the U.S. government’s approach to Bitcoin may not align with the idealistic view held by many in the cryptocurrency community.
U.S. Plans for Bitcoin
Ju posits that the government could consider purchasing Bitc…
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