BitcoinAct2024
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3 TOP reasons why Bitcoin $BTC will rise above $150K by next year:
1) Governments investing in BTC:
A bill called "BITCOIN Act of 2024" has been introduced in the US congress, and if passed, the US government will invest tens of billions of dollars in BTC for 5 years.
The government of El Salvador with it's "1 bitcoin a day program" buys 1 BTC per day since November 18, 2022. And will continue to do so until BTC becomes unaffordable with fiat currencies.
2) Mayer Multiple:
The prominent Mayer Multiple Bitcoin indicator shows that BTC will rise above $165K.
3) Institutional investors:
A rise in institutional investors interests for BTC is growing fast. BlackRock, private companies, and ETFs, hold more than 1.2 million BTC, and they continue to buy more.
#BitcoinForecast #BTC150K #BitcoinAct2024 #ElSalvadorBitcoin #blackrocketf
1) Governments investing in BTC:
A bill called "BITCOIN Act of 2024" has been introduced in the US congress, and if passed, the US government will invest tens of billions of dollars in BTC for 5 years.
The government of El Salvador with it's "1 bitcoin a day program" buys 1 BTC per day since November 18, 2022. And will continue to do so until BTC becomes unaffordable with fiat currencies.
2) Mayer Multiple:
The prominent Mayer Multiple Bitcoin indicator shows that BTC will rise above $165K.
3) Institutional investors:
A rise in institutional investors interests for BTC is growing fast. BlackRock, private companies, and ETFs, hold more than 1.2 million BTC, and they continue to buy more.
#BitcoinForecast #BTC150K #BitcoinAct2024 #ElSalvadorBitcoin #blackrocketf
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🚨 Senator Lummis Meets with US Treasury Secretary to Discuss Bitcoin Reserve!
Shocking news from the crypto world! 💥 Senator Cynthia Lummis just met with US Treasury Secretary-elect Scott Bessent to discuss the potential for a strategic Bitcoin reserve for the United States.
In a tweet on X, Lummis expressed her hope that Bessent will be a “digital asset champion” and a key ally in making this grand plan a reality. According to Lummis, a Bitcoin reserve could strengthen the US dollar and maintain its dominance in the world. 🪙💵
What is the Bitcoin Act of 2024?
Senator Lummis has introduced legislation proposing that the US create a leading crypto reserve, with plans to purchase 1 million Bitcoins by 2030 and hold them for a minimum of 20 years. The bill also includes an independent evidence audit of the reserve to maintain transparency. 🔍
Why is this important?
1️⃣ US Dollar and Bitcoin: A Bitcoin reserve could increase the stability and dominance of the US dollar in the global economy.
2️⃣ Huge opportunity for Bitcoin: If this plan comes to fruition, it could be a huge step for Bitcoin adoption at the government level!
3️⃣ Guaranteed transparency: Independent audits will ensure that all processes are transparent.
Comments:
“The plan to create a strategic Bitcoin reserve is a monumental step in the adoption of crypto by governments. If successful, it could pave the way for other countries to explore the potential of digital assets as national reserves.”
👉 What do you think? Could this Bitcoin reserve strengthen the US dollar? Drop a comment below 🚀 #Bitcoin #Crypto #digitalassets #USDollar #BitcoinAct2024
Shocking news from the crypto world! 💥 Senator Cynthia Lummis just met with US Treasury Secretary-elect Scott Bessent to discuss the potential for a strategic Bitcoin reserve for the United States.
In a tweet on X, Lummis expressed her hope that Bessent will be a “digital asset champion” and a key ally in making this grand plan a reality. According to Lummis, a Bitcoin reserve could strengthen the US dollar and maintain its dominance in the world. 🪙💵
What is the Bitcoin Act of 2024?
Senator Lummis has introduced legislation proposing that the US create a leading crypto reserve, with plans to purchase 1 million Bitcoins by 2030 and hold them for a minimum of 20 years. The bill also includes an independent evidence audit of the reserve to maintain transparency. 🔍
Why is this important?
1️⃣ US Dollar and Bitcoin: A Bitcoin reserve could increase the stability and dominance of the US dollar in the global economy.
2️⃣ Huge opportunity for Bitcoin: If this plan comes to fruition, it could be a huge step for Bitcoin adoption at the government level!
3️⃣ Guaranteed transparency: Independent audits will ensure that all processes are transparent.
Comments:
“The plan to create a strategic Bitcoin reserve is a monumental step in the adoption of crypto by governments. If successful, it could pave the way for other countries to explore the potential of digital assets as national reserves.”
👉 What do you think? Could this Bitcoin reserve strengthen the US dollar? Drop a comment below 🚀 #Bitcoin #Crypto #digitalassets #USDollar #BitcoinAct2024
Elon Musk’s Warning: U.S. ‘Bankruptcy’ Looms Without Radical Fix—Crypto to the Rescue?
Elon Musk, the Tesla and SpaceX visionary, has turned heads again with his latest warning about America’s financial future, calling it a “runaway train” toward de facto bankruptcy. With $36 trillion in debt and $1.4 trillion in annual interest payments projected by 2025, Musk says it’s time for a bold, out-of-the-box solution.
But here’s where things get interesting—Musk is doubling down on his love for Dogecoin. His latest brainchild? The Doge Department of Government Efficiency, a creative initiative he claims could save the U.S. a whopping $2 trillion by cutting unnecessary spending.
Musk’s push has sparked chatter among crypto heavyweights, with Senator Cynthia Lummis calling for immediate adoption of the Bitcoin Act of 2024—a radical proposal to establish a U.S. strategic bitcoin reserve. The bill outlines a plan for the government to accumulate 1 million bitcoins over five years, leveraging the digital gold to tackle national debt.
Even former President Trump hinted at a crypto-driven debt solution, suggesting, “We’ll just hand them a little bitcoin check.”
What’s next? The Bitcoin Act, if passed, could open the floodgates for institutional crypto adoption in 2025. Meanwhile, Dogecoin, Musk’s “favorite cryptocurrency,” has taken center stage, and Tesla remains steadfast with its 10,000 BTC holdings.
Could crypto rewrite the rules of global finance? Musk seems to think so, and his critics are starting to pay attention.
🔑 Key Takeaway: A crypto-fueled future isn’t just speculation anymore—it might be America’s best shot at escaping its debt spiral.
#BitcoinAct2024 #CryptoForChange #DOGE #Bitcoin
Elon Musk, the Tesla and SpaceX visionary, has turned heads again with his latest warning about America’s financial future, calling it a “runaway train” toward de facto bankruptcy. With $36 trillion in debt and $1.4 trillion in annual interest payments projected by 2025, Musk says it’s time for a bold, out-of-the-box solution.
But here’s where things get interesting—Musk is doubling down on his love for Dogecoin. His latest brainchild? The Doge Department of Government Efficiency, a creative initiative he claims could save the U.S. a whopping $2 trillion by cutting unnecessary spending.
Musk’s push has sparked chatter among crypto heavyweights, with Senator Cynthia Lummis calling for immediate adoption of the Bitcoin Act of 2024—a radical proposal to establish a U.S. strategic bitcoin reserve. The bill outlines a plan for the government to accumulate 1 million bitcoins over five years, leveraging the digital gold to tackle national debt.
Even former President Trump hinted at a crypto-driven debt solution, suggesting, “We’ll just hand them a little bitcoin check.”
What’s next? The Bitcoin Act, if passed, could open the floodgates for institutional crypto adoption in 2025. Meanwhile, Dogecoin, Musk’s “favorite cryptocurrency,” has taken center stage, and Tesla remains steadfast with its 10,000 BTC holdings.
Could crypto rewrite the rules of global finance? Musk seems to think so, and his critics are starting to pay attention.
🔑 Key Takeaway: A crypto-fueled future isn’t just speculation anymore—it might be America’s best shot at escaping its debt spiral.
#BitcoinAct2024 #CryptoForChange #DOGE #Bitcoin