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RE: LeoThread 2024-12-19 12:52

in LeoFinance3 days ago

Part 2/9:

The Bitcoin Act mandates that the Secretary of the Treasury purchase up to 200,000 Bitcoins annually for five years, culminating in the total acquisition of 1 million Bitcoins. These assets would be held by the Treasury for a minimum of 20 years before any selling is allowed. Additionally, the first $6 billion of earnings from the Federal Reserve Banks each year would be allocated towards purchasing more Bitcoins for a strategic reserve, further solidifying Bitcoin's presence in U.S. economic policy.