Is the US gov’t poised to add Bitcoin to its National Reserve?
2024-12-04

Could Bitcoin BTCUSD, the world’s leading cryptocurrency, become part of the United States’ national reserve? 
What once seemed like a far-fetched idea is now gaining traction, especially with Donald Trump returning to the White House. 
The concept of a Strategic Bitcoin Reserve is no longer just speculation—it’s the subject of serious discussion that could reshape both the US economy and the global financial landscape.
National reserves, traditionally comprising gold, foreign currencies, and commodities like oil, act as a nation’s financial safety net. 
Bitcoin proponents argue that its decentralized nature and capped supply make it a powerful inflation hedge, similar to gold. The US already holds over 200,000 Bitcoin, seized during criminal investigations. But some lawmakers, like Senator Cynthia Lummis, want to take it further.
Lummis’s Bitcoin Act proposes the US acquire up to 1 million Bitcoin over five years, funded by reallocating existing federal assets. States like Pennsylvania are already considering Bitcoin investments, potentially setting a precedent for federal action.
Critics, however, point to Bitcoin’s volatility and the risks of government control over a decentralized asset. Despite these concerns, experts predict that the creation of a US Bitcoin reserve could drive its price to unprecedented levels—some estimate $500,000 or even $1 million per coin.
Curious to learn more? Check out our latest YouTube video, where we break down this bold proposal, explore its potential impact, and ask whether Bitcoin could be the key to tackling the US national debt. And don’t forget to subscribe to our channel! 