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 coated it yesterday – if you happen to missed it… impolite 🤨 Go repair that.)
And right this moment? We acquired served large goals.
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 govt order establishing a strategic Bitcoin reserve.
Individuals had been initially hyped about it… till they realized the reserve is funded with seized belongings.
Which, don’t get me improper, is cool – nevertheless it’s not precisely one thing that might pump Bitcoin’s value.
You realize what would, although?
BUYING 1 MILLION BITCOIN!!! LET’S GOOOOO!!!
Jokes apart – this truly 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 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 manner 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 into account, although: it is simply speak for now.
But when this ever occurs – if the US truly 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 mates – they most likely don’t know. I ponder who may repair that… 😃🫵
Unfold the phrase and be the hero you realize you’re!
