Is the US Bitcoin Plan Empty? Former Fidelity Manager Says Don't Get Your Hopes Up! - Koin Bulletin

The former official of financial giant Fidelity Investments harshly criticized the US Bitcoin plan.

Fidelity Investments' former blockchain architect Bob McElrath strongly criticized the idea of the US creating a strategic Bitcoin reserve and described it as a "daydream."

McElrath said that Bitcoin is a very small asset compared to the US economy and stated, "This is a ridiculous idea. Don't expect the US to pump up Bitcoin holders' bags."

Bitcoin "strategic reserve" is a hopeful hallucination of the stupidity of getting rich quick. It is a foolish idea. Do not expect the US to inflate your wallets. Bitcoin is insignificant compared to the US economy.

This statement has attracted attention among those discussing the possibility of the US government forming a Bitcoin reserve.

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