Mr. Trump promised a lot about Crypto, but what is the biggest boost?
Firing the SEC chairman or establishing a Crypto council sounds appealing, but if Mr. Trump wants to make Bitcoin soar, he could go bigger by promoting the Bitcoin Act proposed by Senator Cynthia Lummis.
If Congress and Mr. Trump greenlight this act, the US government could buy up to 5% of the total Bitcoin supply—equivalent to 200,000 $BTC each year for 5 years—similar to how the US once stockpiled gold.
Not only would this help Bitcoin reach new heights, but this move could also spark a wave of investment from other organizations and countries. By then, anyone who once shook their head at the $BTC price being too high will be left regretting it 😁
