Bitcoin strategic reserve proposal in the USA! 🇺🇸 Wyoming Representative Cynthia Lummis said at the Bitcoin 2024 Conference that the USA could strengthen the dollar's position as the global reserve currency by investing in Bitcoin. Lummis suggested that the US Treasury Department launch a 1 million BTC purchase program. This will allow the US to have 5% of the total Bitcoin supply. 💰

Donald Trump and Robert F. Kennedy Jr. also made similar suggestions. Trump claimed that the USA would become a Bitcoin superpower if elected. Kennedy, on the other hand, targets a reserve of 4 million BTC with a daily purchase of 550 BTC. The US currently has 213,238 BTC, which could lead to market fluctuations.