CryptoWorld News reports that Wu said on Twitter: U.S. Senator Bernie Moreno stated that despite Bitcoin's high volatility, investments should focus on long-term cycles. Although he does not personally hold Bitcoin, he clearly said that if he had spare money, he would buy Bitcoin rather than gold. He believes stablecoins can create significant purchasing demand for U.S. Treasury bonds, reduce debt costs, and warns that the U.S. needs to seize innovation opportunities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CryptoWorld News reports that Wu said on Twitter: U.S. Senator Bernie Moreno stated that despite Bitcoin's high volatility, investments should focus on long-term cycles. Although he does not personally hold Bitcoin, he clearly said that if he had spare money, he would buy Bitcoin rather than gold. He believes stablecoins can create significant purchasing demand for U.S. Treasury bonds, reduce debt costs, and warns that the U.S. needs to seize innovation opportunities.