Bitcoin critic Peter Schiff urges the United States to sell seized BTC

On December 10th, according to Decrypt, economist and cryptocurrency critic Peter Schiff called on US President Biden to sell all federally held Bitcoin, sparking discussions about the US government's Bitcoin strategy. Schiff pointed out that liquidating these reserves can reduce the budget deficit for 2024 and eliminate the idea of establishing a 'strategic Bitcoin reserve'. One good thing Biden can do before leaving office is to sell all the Bitcoin currently held by the US government. He said, "Not only can the funds raised be used to reduce the budget deficit in 2024, but it can also put an end to all absurd ideas about establishing harmful 'strategic Bitcoin reserves' Schiff also stated that Trump only promised to keep existing Bitcoin reserves and has no plans to purchase more. He suggested that Biden should immediately sell these bitcoins to prevent Trump from implementing similar plans after returning to office.