We went to governments? The race for Bitcoin has begun!

in #bitcoinyesterday

Get ready, because Bitcoin may be entering a new historical chapter. Now it's not just investors like Michael Saylor who are accumulating BTC: governments are starting to look at Bitcoin as a strategic reserve, something that could drastically impact the price in the coming months.

Trump and the USA: is the race on?

In July, Trump announced that, if elected, he will create a strategic Bitcoin reserve — the so-called stockpile, something similar to the gold reserve that the US maintains. The promise was reinforced last Saturday, bringing more optimism to the market.

But why is this so important?

If the US decides to hoard Bitcoin, the price could skyrocket before purchases even begin. After all, the announcement alone attracts institutional investors and market speculation. And there's more:

  • Dennis Porter, CEO of the Satoshi Act Fund, believes that Trump can start purchases on the first day in office (01/20/2025).

  • Senator Cynthia Lummis, a staunch supporter of Bitcoin, highlighted that Trump could use an executive order to speed up this process.

Does this seem impossible to you? It's not impossible, but it would be unusual: it was like that in 1933 with the confiscation of gold and in 1971, when Nixon ended the gold standard, changing the history of the dollar and leaving it without backing. The US may finally be realizing it needs a new “digital gold” — Bitcoin.

Japan enters the game

Japanese parliamentarian Satoshi Hamada has proposed that Japan convert part of its foreign exchange reserves into Bitcoin. The idea is simple: diversify assets to protect the Japanese economy. If this progresses, Japan could become the first developed country to accumulate BTC as a sovereign reserve.

Russia and Bitcoin against sanctions

In Russia, lawmaker Anton Tkachev suggested that Bitcoin be used as a strategic reserve to circumvent international sanctions. With the country under economic pressure, BTC emerges as a global asset, neutral and resistant to political interference.

While governments debate their strategies, big companies are not waiting:

  • Microstrategy (Michael Saylor): Bought another US$1.5 billion in BTC, now accumulating 2% of the total supply.
  • Digital Marathon: Announced the purchase of US$ 1 billion in Bitcoin.
  • Riot Platforms: Followed the same line, with US$500 million.

These billion-dollar purchases show one thing: accumulating Bitcoin now may be a matter of long-term survival.

And you? Are you prepared for the scenario in which governments, mining companies and institutions compete for the same finite asset?

On the other hand, if Trump does not fulfill his promise at the beginning of his term, it could be a cold shower for cryptocurrency prices in the short term, after all, the market speculates and prices everything in advance.

Now, imagine selling your BTC at this high expecting a correction… and suddenly Trump makes good on his promise. You would be left out of a historic upward movement without recovering today's prices.

Posted Using InLeo Alpha