đŸ‡ș🇾Is the US about to create a national strategic Bitcoin reserve?

Bitcoin support in the US has spread across party lines. Both Democratic and Republican politicians are gradually speaking with one voice about the US should collect Bitcoin to build a reserve. Specifically:

- Senator Cynthia Lummis: introduced a bill in the Senate proposing the US government buy 1 million Bitcoin for the national reserve fund.

- Former President Donald Trump: pledged not to sell the Bitcoin the government is holding (about 200,000 BTC) if he is elected.

- Democratic Party Representative Ro Khanna: supported Bitcoin to become part of the Federal Reserve's reserves.

Looking back at history, the US also 'played big' in 1803 when it spent $15M to France to buy Louisiana. This was seen as a ‘bargain’ as it literally doubled the territory of đŸ‡ș🇾 overnight at a fraction of the cost. Now, many politicians are suggesting that Bitcoin could be the next ‘Louisiana’ that the US cannot afford to miss.

However, the above proposals are currently only on paper and we have to wait until the upcoming election to see if they get the green light from Congress. Will we see the US Strategic Bitcoin Reserve in action soon?