It’s Day 2 of the Bitcoin 2025 convention (aka the largest Bitcoin occasion on the earth).
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 immediately? We acquired served massive desires.
Not one, however two authorities officers hinted that it’s attainable 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 property.
Which, don’t get me unsuitable, is cool – however it’s not precisely one thing that might pump Bitcoin’s worth.
You understand 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 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 high 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 if 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.
Be mindful, although: it is simply speak 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 can 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 understand you might be!
