Matej Zak, CEO of hardware wallet company Trezor, called President Donald Trump's decision to create a national Bitcoin (CRYPTO: BTC) reserve a "good idea," but expressed skepticism about the next steps.
Can Bitcoin Fix National Debt?
"He [Ray Dalio] talks about countries having huge debts and mismanaging the debts, and printing more money, ultimately and increasing taxes and huge taxation," Zak stated. "And you read it and you’re like, well, Bitcoin fixes this."
"So I feel it's probably a good idea, though I’m not an economist," he added.
See Also: Bitcoin (BTC) Price Predictions: 2025, 2026, 2030
Bitcoin Will Rise No Matter Who Is The US Prez, Says Trezor CEO
Trump signed an executive order earlier this year to establish a strategic Bitcoin reserve, with a provision to develop budget-neutral strategies for acquiring additional BTC. However, little has come from the executive side since the order was signed.
On the lack of action, Zak said, "I don’t know what he’s going to do, obviously, but to me again it sounds like politicians’ talk."
The CEO also sought to delink Bitcoin from politics, stating that the apex cryptocurrency would rise regardless of whether Trump remains the U.S. president.
‘Budget‑Neutral Options’ To Buy BTC
The government holds 198,021 BTC, worth approximately $24.17 billion, according to on-chain analytics firm Arkham, with the majority seized from criminal and civil forfeiture proceedings.
Price Action: At the time of writing, BTC was trading at $107,539.28, down 2.50% over the last 24 hours, according to data from Benzinga Pro.
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