Bitwise Research Director: The establishment of strategic Bitcoin reserves by the United States will encourage other countries to purchase Bitcoin

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Bitget2025/03/07 02:13

In a message from ChainCatcher, Bitwise Research Director Ryan Rasmussen stated that the ultimate goal was never for the U.S. government to buy all Bitcoin. The implications of a strategic U.S. Bitcoin reserve are:

· Other countries will purchase Bitcoin;

· Wealth managers have no excuses;

· Financial institutions have no excuses;

· Pension/donation funds have no excuses;

· Concerns about selling Bitcoin to the U.S. disappear;

· The U.S. may buy more Bitcoins;

· The likelihood of states buying Bitcoin increases;

· The possibility of the government banning Bitcoin is zero.

This will change everything in the long run.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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