Imagine the implications

Today I read an article about how the number of States in the USA is growing that want to implement a strategic bitcoin reserve. The number is now at 13 out of the 50. And there are big ones in it, Florida, Texas, Pennsylvania and Ohio!

And the amount they want to put into bitcoin is staggering. Imagine the consequences for bitcoin price and crypto in general. Pennsylvania alone wants to put in 10 % of the 7 billion USD in reserves into bitcoin. And that’s just Pennsylvania. The numbers from Texas and Florida will be a lot higher.

https://img.inleo.io/DQmfFDdzRgi8y7S4oTmUbTH3t7UVPWrwico1L38pXcPgztN/IMG_1246.webp

Federal strategic bitcoin reserve

And then there is the strategic bitcoin reserve that Donald Trump wants to put into place.
This all together could easily be half a trillion US Dollars heading to bitcoin’s market capitalization in very short notice.

And other countries are planning the same thing… I just don’t want to do the math, because it would make me dizzy!

One thing is for sure, 100k was just a minor landmark for BTC!

Sincerely,

Pele23

Posted Using InLeo Alpha