Could Bitcoin become a part of the US national reserve? This once-unthinkable idea is gaining momentum, especially with Donald Trump's potential return to the White House. The concept of a Strategic Bitcoin Reserve is now a serious topic of discussion that could transform the US economy and global finance.
Proponents argue Bitcoin's decentralized nature and limited supply make it a strong inflation hedge, akin to gold. Senator Cynthia Lummis's Bitcoin Act suggests the US acquire up to 1 million Bitcoin over five years. Critics caution about Bitcoin's volatility and the risks of government control. Yet, experts believe a US Bitcoin reserve could skyrocket its price to $500,000 or even $1 million per coin.