I'm curious as to what you all think about this article, this idea, or anything related to it. Me? I think it's total BS (though definitely bullish), but I tend to scoff at most crap that gets published online, especially if it's financial news--but I never rule out the possibility that I'm being a moron.
So some senator wants to buy 1.05 Million BTC (5% of the total supply) to reserve them to get loan and pay back the loans of US. AFAIK Satoshi have 1.1 million BTC and most of the companies in US like BR, MS and all the other combined acquired more than these figures and if we combine the total amount of BTC seized from many project under the possession of US are in billions.
Considering the amount of BTC are in USA they surely are the most adopted countries in the world and I don't think any other country could compete with them now as they are on the top and they own most of the BTC if combined. Another thing is them acquiring these much BTC will surely pump the price but when they will pay their debts back the price will dumb too. It's a risky proposal for the crypto market too but I want it to happen haha it will really pump the price to almost $500k. I might not make generational wealth but still haha.