Funding US Strategic Bitcoin Reserve wit Seized BTC & Gold
US Senator Cynthia Lummis don talk say, under President Trump March executive order, dem fit start fund Strategic Bitcoin Reserve anytime. The order give Treasury power make dem fit use seized BTC plus budget-neutral ways without tax them people. Lummis, plus ProCap BTC CIO Jeff Park and campaigner Anthony Pompliano, talk say make dem use up to $1 trillion unrealized gold-paper gains buy Bitcoin, dem see say e fit return 30× inside 30 years with 12% annual growth, e go help shrink the $37.88 trillion debt-driven budget gap. The BITCOIN Act go make Bitcoin official national asset like gold, using over 198,000 BTC wey dem don seize before. First money fit come from seized holdings, plus add more reserves wey no go cost taxpayers anything. Lummis dey also work to stop crypto ATM fraud for the coming market structure bill. The Strategic Bitcoin Reserve mean to make financial system strong, reduce how much debt wey government depend on, and ready US for digital economy, dem plan to start e by late 2025.
Bullish
Di proposal to fund Strategic Bitcoin Reserve wit seized BTC an gold paper gains dey show how institution dem dey adopt am well well an fit cause big buying pressure for BTC. For short term, beta feeling about government backing an law progress fit make Bitcoin price rise. For long term, to make Bitcoin national asset an gather reserves go reduce how much supply dey an strong the role for financial system, wey go support sustained bullish momentum.