The idea of the U.S. government creating a bitcoin reserve might seem “bullish” in terms of price, but it is hardly feasible in the near future.
He estimates the chances of this initiative being realized within the next four years as “ten to one” against.
Nevertheless, other members of the crypto community believe in the possibility of an American bitcoin reserve. Dennis Porter, CEO and co-founder of the Satoshi Act Fund, emphasized the “inevitability” of its emergence, and Michael Goldstein, president of Satoshi Action Education, is confident that everyone should have their own stock of the first cryptocurrency.
Clarification on these rumors is expected at the Bitcoin 2024 conference, which will be held from July 25 to 27.
