It’s Day 2 of the Bitcoin 2025 convention (aka the most important Bitcoin occasion on this 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 at this time? We received served huge desires.
Not one, however two authorities officers hinted that it’s potential the US would possibly begin shopping for Bitcoin.
As you prolly know, Trump has signed an government order establishing a strategic Bitcoin reserve.
Folks have been initially hyped about it… till they realized the reserve is funded with seized belongings.
Which, don’t get me improper, is cool – but it surely’s not precisely one thing that would pump Bitcoin’s worth.
You already know 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 he or she stated Trump helps the invoice 👀
On prime of that, White Home AI and crypto czar David Sacks stated 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.
Be mindful, although: it is simply discuss for now.
But when this ever occurs – if the US truly 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’m wondering who might repair that… 😃🫵
Unfold the phrase and be the hero you already know you might be!
