MrDecentralize on Nostr: The U.S. government has declared an interest in buying Bitcoin, but can it really act ...
The U.S. government has declared an interest in buying Bitcoin, but can it really act before prices soar out of reach?
Despite top political figures backing the idea, the government’s intentions to buy Bitcoin are hamstrung by slow bureaucratic hurdles. As Bitcoin’s price surges in anticipation, every delay could mean a higher cost, both financially and strategically.
This process is anything but simple—passing the legislation requires approval from Congress, plus a major overhaul of financial systems to incorporate Bitcoin into government reserves. In a market where every day’s delay could mean a new all-time high, the U.S. risks being priced out of the market it helped fuel.
The vision of a U.S. Bitcoin reserve might inspire optimism, but the wheels of government rarely turn quickly. By the time all is said and done, Bitcoin could be far beyond the reach of even the wealthiest government, leaving the U.S. trailing in a market it helped legitimize.
#Bitcoin #BTC #BTCFi #HODL #BlockCity #BlockCityFi #Satoshi #Freedom #Web3 #Entrepreneur #GrowNostr #MrDecentralize
Despite top political figures backing the idea, the government’s intentions to buy Bitcoin are hamstrung by slow bureaucratic hurdles. As Bitcoin’s price surges in anticipation, every delay could mean a higher cost, both financially and strategically.
This process is anything but simple—passing the legislation requires approval from Congress, plus a major overhaul of financial systems to incorporate Bitcoin into government reserves. In a market where every day’s delay could mean a new all-time high, the U.S. risks being priced out of the market it helped fuel.
The vision of a U.S. Bitcoin reserve might inspire optimism, but the wheels of government rarely turn quickly. By the time all is said and done, Bitcoin could be far beyond the reach of even the wealthiest government, leaving the U.S. trailing in a market it helped legitimize.
#Bitcoin #BTC #BTCFi #HODL #BlockCity #BlockCityFi #Satoshi #Freedom #Web3 #Entrepreneur #GrowNostr #MrDecentralize