PANews reported on December 22 that gold advocate Peter Schiff posted on the X platform: "Someone has actually created USAcoin. My previous post was ironic, so don't buy USAcoin. But the previous point of view is that if the US government creates a similar token and is committed to building a strategic USAcoin reserve, then it makes more sense to store Bitcoin. This part is not a joke."

Earlier news, Peter Schiff tweeted that the United States can save a lot of money by creating USA Coin instead of creating a strategic reserve of Bitcoin. Just like Bitcoin, the supply limit can reach 21 million, but after upgrading the blockchain, USAcoin can be truly used for payment .