Post
Topic
Board Bitcoin Discussion
Re: Trump's legacy: from millions of barrels of oil to millions of BTC?
by
Alpha Marine
on 17/02/2025, 12:24:44 UTC
    This topic should be in the "economic" board because its more about the economy and political term of the US than Bitcoin.

  • Do you expect the U.S. to accumulate millions of BTC during Trump's term? 

I don't think this will happen in Trump's tenure. Bills like this take a lot of time to pass because it goes through a lot of processes so I don't expect the US to have millions of bitcoin in reserve during the next four years. I doubt the bitcoin reserve bill will be passed this year as well because there's also a chance that it can be rejected, although some states are beginning to buy the idea.

  • Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?

Of course, it will. A country like the US having a bitcoin reserve will play a role in shifting the narrative of bitcoin to the positive side and this will make other countries want to have a reserve too by increasing the price.

  • Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

Do we have to wait for that to hold bitcoin?
Bitcoin got to this level from less than $1 to over $100k without any reserves so trust we're good without them.