Grant Cardone, an equity fund manager overseeing $4.5 billion in assets, expressed his support for President-elect Donald Trump's proposal to establish a Bitcoin reserve for the United States. Cardone believes that this initiative could secure the nation's global financial leadership, drawing a parallel to President John F. Kennedy's space program. Trump's plan has gained attention, with leading asset manager VanEck endorsing it and Senator Cynthia Lummis advocating for Bitcoin integration. However, critics, including BlackRock, have highlighted the volatility and lack of clear purpose associated with cryptocurrencies. Despite the concerns, several US states and countries like Brazil, Poland, and Russia are exploring the idea of establishing their own Bitcoin reserves.



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