US Reserve Status On The Rise

We didn't hear much out of trump after we wont the election in terms of what was promised or at least said during the bitcoin conference. The one that got most people excited for some reason was to create a bitcoin strategic reserve for the USA government. I think what most people don't understand about this yet though is it simply means the USA government will not be selling any they get. This mainly comes from law enforcement and other raid and enforcement actions. Not really the best case when you think about it lol.

Now of course with that comes speculation that bitcoin is going to do really well. While a few companies are starting to stock up on the asset there are others that are still anti crypto like Microsoft for example who recently rejected adding bitcoin to its reserves.

But what happens when governments start to do it? You now have trillions and trillions in wealth and money printing at your fingertips all fighting and gobbling up as much of the asset as possible.

Will this send bitcoin to 1 million? or is it just a fad?