Part 7/10:
Currently, predictive markets estimate a 24% chance that the U.S. will implement a Bitcoin reserve under Trump’s presidency. With Republican control over the House, Senate, and the White House, the potential for rapid progression of the Bitcoin bill appears promising. Lummis is hopeful that the bill could be approved within the first 100 days of Trump's administration.
Additionally, analysts from the Bitcoin Policy Institute have proposed an alternative method for acquiring Bitcoin—purchasing through the Exchange Stabilization Fund, which does not necessitate Congressional approval. Such a strategy could expedite the establishment of a Bitcoin reserve, circumventing potential political roadblocks.