Majority of Americans Oppose Trump’s Strategic Bitcoin Reserve Plan

A recent survey has revealed that a majority of American voters are against President Donald Trump’s proposal to establish a Strategic Bitcoin Reserve. This plan, which involves creating a government-backed digital asset stockpile, has met with resistance from both Democratic and Republican voters, indicating a broad-based skepticism towards government involvement in cryptocurrency.

The survey, conducted between March 8 and 10, 2025, involved over 1,000 likely voters and focused on their opinions regarding the government's role in cryptocurrency. The findings showed that more than half of the respondents disapproved of the idea of a national Bitcoin reserve. Notably, a significant percentage of Republican voters also expressed opposition, although the disapproval was even more pronounced among Democrats. Independents also largely rejected the plan, reflecting a widespread lack of support.

Trump recently issued an executive order to set up the Strategic Bitcoin Reserve, initially utilizing Bitcoin already in government possession. The Treasury and Commerce Departments have been tasked with exploring budget-neutral acquisition strategies to minimize costs for taxpayers. Despite these efforts, the plan continues to face criticism, highlighting broader concerns about government investment in digital assets.

Beyond the Bitcoin reserve issue, the survey also indicated that a large number of Americans believe the government should reduce its financial support for cryptocurrency and blockchain development. A significant portion of respondents favored cutting federal funding in this sector, while others preferred maintaining current levels. Only a small fraction of voters believed that government investment in the crypto industry should increase.

In contrast, many voters prioritize other areas of public spending. Social programs such as Social Security and Medicare received overwhelming support for increased funding. Infrastructure projects, including transportation and public works, were also seen as more deserving of government resources. This contrast underscores a divide between the interests of crypto advocates and the broader electorate.

The survey results suggest that while digital assets have gained traction in financial markets, they remain a lower priority for the general public. As Trump advances his crypto policies, the challenge will be to align government initiatives with voter expectations while balancing innovation with fiscal responsibility. The debate over federal involvement in cryptocurrency is likely to continue as policymakers navigate the evolving landscape of digital finance.