Macro guru Luke Gromen thinks it would serve America’s best interest if President-elect Donald Trump delays signing an executive order to establish a Bitcoin (BTC) reserve.
In a new interview with venture capitalist Preston Pysh, Gromen says it wouldn’t make sense for Trump to announce plans to accumulate Bitcoin right after being sworn into office.
According to Gromen, investors would likely jump in to front-run the US government, sending Bitcoin higher before it has a chance to establish a position.
Instead, the macro guru says it would be better for Trump to accumulate BTC behind the scenes while expressing his optimism for the largest crypto asset by market cap. Gromen also says that Trump should announce the reserve after the US builds its position as the tactic would inspire Bitcoin rallies and immediately enrich the government’s coffers.
“From an optics and narrative perspective, it makes more sense to not…
