Quote from: mateofurtado on Today at 02:15:50 AM

Quote from: NewageofBTC on November 09, 2024, 03:49:48 AM

1. The United States' purchase of Bitcoin as a reserve will drive up the price of Bitcoin, while also driving other countries and large companies and financial institutions to buy Bitcoin, further pushing up the price.

Bitcoin no longer holds the same perception as before; it is no longer solely embraced by free individuals, for whom it was originally created, but is now also adopted by governments, both powerful and less so. If the United States establishes a strategic reserve, similar to Bukele’s approach, we are on the verge of an extraordinary phase for Bitcoin. It won’t be the same—no, it won’t.

Bitcoin has undergone a remarkable transformation, evolving from a decentralized refuge for personal freedom to a highly sought-after asset for nation-states. The idea of the United States creating a strategic Bitcoin reserve, similar to President Bukele’s initiative in El Salvador, indicates a significant shift in how we view cryptocurrency. This change implies that Bitcoin is moving beyond its original purpose, which could reshape its function in the global financial system.