One of the important promises made by Trump during the presidential elections was to create a federal bitcoin reserve. Efforts have begun for this.
A Satoshi Equivalent Reserve
The proposed reserve of the US will be worth 1 million bitcoin. Senator Cynthia Lummis is ready with a Bitcoin Reserve bill, according to the blueprint of which bitcoin will be purchased by selling gold from the US gold reserve. This is a five-year plan in which 200k bitcoins will be purchased every year.
Bitcoin Enjoy
Bitcoin supporters in the US are very excited about the proposal of a bitcoin reserve.
Excitement in politics
Efforts are being made to create local bitcoin reserves in some places, such as a proposal that has been made in the legislature of the Pennsylvania state to create a reserve by purchasing bitcoin from 10% of its state funds.
Excitement in the industry
Bitcoinist industries have also started showing their enthusiasm in this, such as Solidion Technology, which is talking about allocating bitcoin for corporate strategy, and Michael Saylor has proposed to pay bitcoin dividends to $MSTR shareholders.
Of course, anti-Bitcoinists are opposing the proposed US Bitcoin reserve, for example, Peter Schiff, the Goldman great, but these people are not our problem.
