It’s Day 2 of the Bitcoin 2025 convention (aka the largest Bitcoin occasion on the planet).
Day 1 introduced us a heated debate over Proof of Reserves.
(We coated it yesterday – when you missed it… impolite 🤨 Go repair that.)
And right now? We bought served large desires.
Not one, however two authorities officers hinted that it’s doable the US may begin shopping for Bitcoin.
As you prolly know, Trump has signed an government order establishing a strategic Bitcoin reserve.
Folks had been initially hyped about it… till they realized the reserve is funded with seized property.
Which, don’t get me flawed, is cool – however it’s not precisely one thing that would pump Bitcoin’s worth.
You realize what would, although?
BUYING 1 MILLION BITCOIN!!! LET’S GOOOOO!!!
Jokes apart – this really is not some delusional, hopium-driven thought.
Shopping for 1M BTC over the following 5 years is definitely a part of the BITCOIN Act, launched by Senator Cynthia Lummis, who spoke on the convention.
And she or he mentioned Trump helps the invoice 👀
On prime of that, White Home AI and crypto czar David Sacks mentioned that whereas he can’t promise something, there’s a approach for the federal government to purchase extra Bitcoin.
Sacks defined that it actually comes down as to whether the Treasury or Commerce Division will get on board – in the event that they do and type out the funding, they have already got the president’s approval to maneuver ahead.
Take into accout, although: it is simply speak for now.
But when this ever occurs – if the US really buys 1M BTC (aka 5% of the full provide)…
Let’s simply say… being bearish at that time could be insane.
Now you are within the know. However take into consideration your pals – they most likely do not know. I ponder who may repair that… 😃🫵
Unfold the phrase and be the hero you recognize you might be!
