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

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According to ChainCatcher and Cointelegraph, 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."

Matthew Pines, Executive Director of BPI, pointed out that fulfilling the promise of becoming a bitcoin superpower ultimately depends on how many bitcoins the United States owns, which will measure the extent to which Trump fulfills his verbal commitment.

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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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