Opinion: If the United States buys 1 million BTC, it may push the price to $1 million

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MarsBit
04-16
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Mars Finance News: Zach Shapiro, Policy Director of the Bitcoin Policy Institute (BPI), stated: "If the United States announces the purchase of one million bitcoins, it would cause a global shock, and the bitcoin price would soar, potentially reaching around one million dollars quickly." BPI Executive Director Matthew Pines pointed out that fulfilling the promise of the United States becoming a bitcoin superpower ultimately depends on how many bitcoins the U.S. owns, which will measure the extent to which Trump fulfills his verbal commitment. (Cointelegraph)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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