On December 18th, Dan Morehead, founder and managing partner of hedge fund and venture capital firm Pantera Capital, recently discussed the evolving landscape of cryptocurrency adoption in the United States and potential changes in the coming year on CNBC's "Fast Money" program. In the interview, Morehead talked about President-elect Trump's proposal to establish a strategic bitcoin reserve and expressed strong support for the move. He said: "I think it's actually a very important thing. When you are the world's reserve currency, you don't need to store other currencies." Morehead elaborated on the current state of US reserves, noting: "The US has no other currency. It stores $600 billion of gold, which is a staggering amount. This is equivalent to 11 million years of wages for American workers, so it's kind of crazy." He advocates for a shift to digital assets, stating: "A move to digital gold. Bitcoin is much better, so I think it's completely reasonable." Highlighting the existing holdings of the government, Morehead mentioned: "The United States already owns 1% of the world's bitcoin. Keep that percentage, increase that percentage. So I think it's really a very good policy. There are several countries that already own bitcoin. It would be great if the United States could lead."