In the United States, Fort Knox is the storage site for the reserves of gold of the American government. President Donald Trump signed on Thursday the executed order, in accordance with which the government creates a "strategic reserve of bitcoin," which is seen as significant support for the cryptocurrency industry, which shed financed its last presidential campaign.
David Sachs, a member of the White House Advisory Council on Artificial Intelligence and Digital Currency, stated on social media that this reserve will be "Digital Fort Knox." According to Sachs, the United States already has about 200,000 bitcoins, which at current rates amounts to about $17.5 billion.
Such news has caused mixed reactions among experts and the public. Some welcome this step as a confirmation of the government's interest in innovative technologies, while others warn of possible consequences for the financial stability of the country. At the same time, representatives of the cryptocurrency community expressed hope for increased trust in cryptocurrencies from traditional financial institutions.
