Nic Carter: Bitcoin has been officially recognized by the US government, while other cryptocurrencies have not received this treatment yet

Odaily Planet Daily News White House AI and encryption director David Sacks retweeted Castle Island Ventures partner Nic Carter's tweet, Nic Carter said Trump's signing of the US Strategic BTC Reserve Executive Order indicates:

1. Trump fulfills campaign promises; 2, Bitcoin reserves are significantly different from altcoin reserves; 3, Bitcoin has been formally recognized by the US government, but other encryption currencies have not yet received equal treatment;
2. It may not generate strong opposition as it does not require spending taxpayers' money to purchase BTC;
3. The purchase of future Bitcoin and other encryption currencies may be the responsibility of Congress, which is also reasonable.