Post
Topic
Board Bitcoin Discussion
Re: Rumor: Trump could declare a Bitcoin strategic reserve
by
Taskford
on 27/07/2024, 11:22:04 UTC
I think I’m still in shock that a President of the United States is going to speak at a Bitcoin conference. That’s extremely wild to me. I don’t think I would have believed that this could happen a dozen years ago. This cycle will either be the ultimate top for Bitcoin, or we could be looking at the future currency of mankind.

No one would have believed that an influencial US citizen could make such a move that will give Bitcoin more recognition and fame after a long time of loggerhead. Indeed Bitcoin have come to conquer and we should be experiencing a massive increase in the price of Bitcoin anytime soon. Seems Bitcoin has achieved a lot this year, from the United States SEC approval of spot Bitcoin ETF to Bitcoin creating a new ATH and now it's about to experience another milestone should this conference hold. It will be a joyful moment for Bitcoin investors and hodlers.

People don't expect that to have since Biden have a massive campaign against crypto that's why people are so overwhelmed seeing that there's a influential people showing some good support on bitcoin that's why people got hype in this situation especially lots of big names are in support with what that politician doing. Bitcoin has many milestone achieve this year and if that Bitcoin strategic reserve will really happen then imagine the surge of demand will come on bitcoin.

I also imagine how happy those country like El Salvador also those big institutions for seeing this development since for sure they could earn a lot of money from this especially if this event will trigger a bull run again or there would be a huge price increase will happen.