U.S. Senator Cynthia Lummis recently shared that President Donald Trump has backed her Strategic Bitcoin Reserve initiative. The proposal calls for the federal government to accumulate approximately 1 million Bitcoin as part of a long-term national asset strategy. This move signals potential institutional adoption at the highest government level, marking a significant shift in how U.S. policymakers view digital assets as part of strategic reserves alongside traditional commodities. The backing from the current administration could reshape the regulatory environment for cryptocurrency in the coming years.
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OnChainArchaeologist
· 57m ago
Wow, is the US government really going to hoard Bitcoin? If that happens, the price would skyrocket.
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CryptoTherapist
· 01-08 23:45
ngl this is giving major "portfolio therapy session" energy... lummis' 1m btc move? that's not policy, that's institutional FOMO dressed up as strategy. let me diagnose what's happening here—governments finally acknowledging their collective anxiety about missing the asset class. classic displacement behavior honestly.
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StakeHouseDirector
· 01-08 23:43
Wow, 1 million Bitcoins? The US government is really going big.
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ThatsNotARugPull
· 01-08 23:43
Damn, one million Bitcoins? The US government has finally woken up. Now institutions have a backing to scoop up the dip.
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GateUser-0717ab66
· 01-08 23:42
Whoa, is the US government really planning to stockpile 1 million BTC? Is this true or just another smoke screen?
U.S. Senator Cynthia Lummis recently shared that President Donald Trump has backed her Strategic Bitcoin Reserve initiative. The proposal calls for the federal government to accumulate approximately 1 million Bitcoin as part of a long-term national asset strategy. This move signals potential institutional adoption at the highest government level, marking a significant shift in how U.S. policymakers view digital assets as part of strategic reserves alongside traditional commodities. The backing from the current administration could reshape the regulatory environment for cryptocurrency in the coming years.