It’s Day 2 of the Bitcoin 2025 convention (aka the most important Bitcoin occasion on the planet).
Day 1 introduced us a heated debate over Proof of Reserves.
(We lined it yesterday – in the event you missed it… impolite 🤨 Go repair that.)
And at the moment? We bought served huge desires.
Not one, however two authorities officers hinted that it’s attainable the US would possibly begin shopping for Bitcoin.
As you prolly know, Trump has signed an government order establishing a strategic Bitcoin reserve.
Individuals have been initially hyped about it… till they realized the reserve is funded with seized property.
Which, don’t get me unsuitable, is cool – however it’s not precisely one thing that might pump Bitcoin’s worth.
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 subsequent 5 years is definitely a part of the BITCOIN Act, launched by Senator Cynthia Lummis, who spoke on the convention.
And he or she mentioned Trump helps the invoice 👀
On high of that, White Home AI and crypto czar David Sacks mentioned that whereas he can’t promise something, there’s a means 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 kind out the funding, they have already got the president’s approval to maneuver ahead.
Take note, although: it is simply discuss for now.
But when this ever occurs – if the US really buys 1M BTC (aka 5% of the overall provide)…
Let’s simply say… being bearish at that time could be insane.
Now you are within the know. However take into consideration your mates – they most likely don’t know. I ponder who may repair that… 😃🫵
Unfold the phrase and be the hero you already know you might be!
