Ryan Rasmussen, head of research at Bitwise, wrote that the ultimate goal has never been for the US government to buy all bitcoin. The US strategic bitcoin reserve means:
Other countries will purchase bitcoin.
Wealth managers have no excuses.
· Financial Institution Groups have no excuses;
No excuses for pension/endowment funds.
· Concerns about the sale of bitcoin in the United States have disappeared.
The United States may buy more bitcoin.
The likelihood of states buying bitcoin has increased.
The likelihood of a government banning bitcoin is zero.
This will change everything in the long run.
Bitwise Research Director: Building a Strategic Bitcoin Reserve in the United States Will Push Other Countries to Buy Bitcoin
2025-03-07 01:48:27
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