Opinion: Trump's push for US strategic Bitcoin reserves may lead to "sovereign FOMO" in other countries

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ODAILY
2 days ago
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Odaily Planet Daily Report: Macroeconomic expert and host of the Bitcoin podcast "The Mark Moss Show" Mark Moss stated that Trump is positioning himself as the "Bitcoin President" and may push for the US to adopt a strategic Bitcoin reserve, which will trigger a "game" and cause "sovereign-level FOMO (fear of missing out)" in other countries. Mark Moss mentioned that Senator Cynthia Lummis from Wyoming has proposed a bill to establish a strategic Bitcoin reserve, planning to increase it by 200,000 Bitcoins per year until the balance reaches 1 million Bitcoins. Under Trump's leadership, this plan is "very likely" to become a reality. "If the US does this, it will affect the G7 and G20 countries... Other countries have already started paying attention to this and have begun buying Bitcoin, which has brought tremendous upward momentum to the Bitcoin price." (kitco)

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