The proposal of using Bitcoin (BTC) as a strategic reserve has been gaining attention, with several countries already adding the digital currency to their holdings. In March, President Donald Trump signed an executive order to set up a Strategic Bitcoin Reserve in the United States. While the initiative received support in some quarters, Haider Rafique, a senior executive in the crypto industry, has expressed strong reservations. He warned that establishing a national reserve of BTC could bring negative consequences for both the cryptocurrency and the U.S. dollar.