“For the U.S. to institute Bitcoin as a strategic reserve will similarly require further work including determining how much should be held as a reserve and the basis for that threshold, how to acquire, how and where to store, when to utilize and in what circumstances, which agency would be responsible, the timeline to implement, amongst several other considerations,” said Rahul Mewawalla, CEO of Mawson Infrastructure Group, a bitcoin mining company, in an emailed statement. Answering those questions “can be challenging,” and establishing a council of industry participants could help, he said.
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