In a humorous dig at the debate over a strategic Bitcoin (CRYPTO: BTC) reserve, influential economist Peter Schiff speculated on Sunday whether President Joe Biden will sell some of the state-owned BTC just ahead of Donald Trump’s presidential inauguration.
What Happened: Schiff took to X, saying, “This is the last night Biden has to sell some of the Bitcoin that Donald Trump promised his crypto supporters he would use to create a Bitcoin Strategic Reserve. Let’s see if he takes advantage of the opportunity.”
This sarcastic post comes in the context of President-elect Trump’s reported plans to declare cryptocurrency a national priority and create a national Bitcoin reserve that would include the government’s current Bitcoin holdings.
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