Venture capitalist Nic Carter praises Trump's decision to create a Strategic Bitcoin Reserve in a recent post. Carter believes it was a good move to separate the Bitcoin reserve from other altcoins and suspects the decision to buy other altcoins will be up to Congress. Despite the announcement, the price of Bitcoin has actually fallen by nearly 4% in the past 24 hours. Carter notes that the reserve will be compiled using Bitcoin seized by the federal government, which means no taxpayer funds will be used. Carter also jokingly suggests that if Bitcoin's founder Satoshi Nakamoto has 1 million BTC in Fort Meade, Trump's executive order would ensure those funds are never sold.



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