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US Voters Oppose Trump’s Push for a National Bitcoin Reserve

US Voters Oppose Trump’s Push for a National Bitcoin Reserve

BeInCryptoBeInCrypto2025/03/15 05:25
By:Oluwapelumi Adejumo

A new survey also shows that 45% of respondents want the federal government to reduce funding for crypto industry, prioritizing social programs and infrastructure.

A new survey shows that American voters are largely against President Donald Trump’s plan to establish a strategic crypto reserve. Even 40% of Republican voters are against the idea.

They have also called for the government to scale back its funding for the crypto industry.

Majority of American Voters Reject Trump’s Crypto Reserve Plan

A recent survey conducted by Data for Progress between March 8 and 10, 2025, polled 1,169 likely US voters on their stance regarding crypto-related government initiatives.

The results show that 51% oppose the creation of both a Strategic Bitcoin Reserve and a Digital Asset Stockpile. Even 40% of Republican voters who support Trump are against this idea.

Earlier this month, Trump signed an executive order to establish a Strategic Bitcoin Reserve, which would exclusively hold Bitcoin.

The order states that the reserve will initially rely on Bitcoin already in the government’s possession. To limit taxpayer expenses, the Treasury and Commerce Departments have been tasked with developing budget-neutral strategies for future acquisitions.

US Voters Oppose Trump’s Push for a National Bitcoin Reserve image 0American Voters Survey About Trump’s Crypto Reserve. Source: Data For Progress

However, opposition remains strongest among Democrats, with 59% rejecting the proposal, while 56% of Independents also disapprove.

These findings suggest that while Trump’s plan has support within the crypto industry, public sentiment is less favorable.

Americans Want Less Federal Investment in Crypto

Beyond rejecting the crypto reserves, many voters believe the US government should scale back its investment in crypto and blockchain development.

The poll reveals that 45% of respondents favor reducing federal funding in this sector, while 29% prefer maintaining current funding levels. A smaller percentage, 10%, believe the current funding is insufficient and should be increased.

Instead, public sentiment suggests that voters would rather see government resources allocated elsewhere.

US Voters Oppose Trump’s Push for a National Bitcoin Reserve image 1American Voters Want Less Federal Investment in Crypto. Source: Data For Progress

Social programs remain a top priority, with 65% supporting increased funding for Social Security and 64% advocating for more spending on Medicare.

Additionally, many believe infrastructure projects like roads, bridges, and public transportation should receive more federal investment.

The findings indicate a clear divide between the crypto industry and the general electorate. While digital asset proponents support Trump’s initiative, voters prioritize social services and infrastructure funding over cryptocurrency investments.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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