Bitcoin market is at a strategic crossroads, with a proposal that could redefine its future

The bitcoin market is at a strategic crossroads, with a proposal that could redefine its future. What if the United States bought 1 million BTC?

The bitcoin market is at a strategic crossroads, with a proposal that could fundamentally alter the cryptocurrency landscape. What if the United States bought 1 million BTC? This seemingly simple decision could trigger a bitcoin price explosion, potentially propelling it to 1 million dollars.

An announcement from Trump or the US government could have a major global impact, shaking the entire cryptocurrency market. Let’s break down the implications of such a strategy.

A global shock for the bitcoin price: towards 1 million $?

The proposal to buy 1 million BTC by the United States, to create the country’s Bitcoin reserve, is like a bombshell. According to Zach Shapiro of the Bitcoin Policy Institute, this announcement would trigger a global earthquake:

If the United States announces that they are buying one million Bitcoin, it would cause a global earthquake. The bitcoin price would probably soar to something like one million dollars.

Zach Shapiro

If the United States announces that they are buying 1 million Bitcoin, it would cause a global earthquake. The bitcoin price would probably zoom to something like $1 million.

If the U.S. government announces they are buying 1 million Bitcoin, it would cause a global earthquake. The bitcoin price would probably zoom to something like $1 million, and the whole crypto market would implode and explode in a massive way.

It would be a huge event for the entire world to witness. But it’s not an impossible scenario. The U.S. government is already investing trillions of dollars in institutions and markets around the world.

It’s a matter of priorities, and right now, the government’s priority is to buy 1 million Bitcoin. They could start tomorrow if they wanted to. But they would need to fund it somehow, which is where the customs duties come in.

Bitcoin Policy Institute (BPI)

This idea is part of a strategic approach that would transform bitcoin into a full-fledged store of value, comparable to gold. The calculation is simple: a massive purchase of this scale would cause a rise in demand, which would automatically drive prices up. Especially since, according to Bitwise CIO, bitcoin could well reach 1 million dollars if an institution buys trillions of dollars worth of BTC.

Currently, with a bitcoin price around 83,000 dollars, this seems like an ambitious goal, but not totally unrealistic if such a strategy were to materialize.

Bitcoin is on the verge of reaching unexpected heights if a major institution enters the market – Bitwise CEO

CoinTribune

A “budget-neutral” acquisition thanks to customs duties revenues

Matthew Pines, Executive Director of the Bitcoin Policy Institute, proposes using customs duties revenues to finance the bitcoin acquisition. He believes this would allow the United States to buy more BTC without raising citizens’ taxes. In other words, the government could use funds from import taxes to grow its bitcoin reserves while maintaining a balanced budget.

We are making a fortune from customs duties. 2 billion dollars per day.

Donald Trump

If the U.S. government is buying 1 million Bitcoin, it would be a huge event for the entire world to witness. But it’s not an impossible scenario. The U.S. government is already investing trillions of dollars in institutions and markets around the world. It’s a matter of priorities, and right now, the government’s priority should be to buy 1 million Bitcoin. They could start tomorrow if they wanted to. But they would need to fund it somehow, which is where the customs duties come in.

The U.S. government is currently making billions of dollars every day from customs duties on imports. We could easily use some of that money to buy Bitcoin, and it would be a budget-neutral acquisition. It would allow the U.S. to buy more Bitcoin without having to raise taxes or cut spending in other areas.

This would also be a good investment for the U.S. government. Bitcoin is a rapidly appreciating asset class, and it is likely to continue to increase in value over time. As the price of Bitcoin rises, so too would the value of the U.S. government’s bitcoin holdings.

This would be a win-win situation for everyone involved. The U.S. government would be able to acquire a valuable new asset class, and the cryptocurrency industry would benefit from a major institutional investor entering the market. It would also be a signal to other countries around the world that the U.S. is serious about its commitment to cryptocurrency.

This strategy could give a new economic boost to the world’s largest economy while consolidating its position as a bitcoin superpower. The US government would thus seek to strengthen its reserves in digital assets and reduce its dependence on fiat currencies.

This scenario is even more plausible with the new economic policies implemented by the Trump administration, which aims to make bitcoin a strategic currency for the United States. Such an investment could also diversify national