Today marks the 596th day I have been posting updates without a break. Each post is not just a routine but carefully prepared. [微笑] If you think I am a serious person, you can follow me, and I hope the daily content can help you. The world is vast, and I am small. Follow me to make it easier to find. [微笑][微笑]
The real game-changing positive news! There has been new progress on the Bitcoin reserve bill that I’ve been discussing for over a year. This time, it clearly specifies the amount of Bitcoin to be purchased and the source of funds. If the bill passes, the U.S. will buy 1 million Bitcoins within 5 years, and this will be achieved without increasing taxes or government debt. The previously unresolved issue of funding sources has also seen progress. Although the reserve bill is designed to be budget-neutral, it can still rely on Federal Reserve transfers, gold revaluation, and exchange rate stabilization funds for purchases.
In 2023, Federal Reserve transfers exceeded $76 billion. At the current price, 1 million Bitcoins are worth exactly $76 billion. This means the funds mentioned above have the potential to support the purchase of 1 million Bitcoins.
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Today marks the 596th day I have been posting updates without a break. Each post is not just a routine but carefully prepared. [微笑] If you think I am a serious person, you can follow me, and I hope the daily content can help you. The world is vast, and I am small. Follow me to make it easier to find. [微笑][微笑]
The real game-changing positive news! There has been new progress on the Bitcoin reserve bill that I’ve been discussing for over a year. This time, it clearly specifies the amount of Bitcoin to be purchased and the source of funds. If the bill passes, the U.S. will buy 1 million Bitcoins within 5 years, and this will be achieved without increasing taxes or government debt. The previously unresolved issue of funding sources has also seen progress. Although the reserve bill is designed to be budget-neutral, it can still rely on Federal Reserve transfers, gold revaluation, and exchange rate stabilization funds for purchases.
In 2023, Federal Reserve transfers exceeded $76 billion. At the current price, 1 million Bitcoins are worth exactly $76 billion. This means the funds mentioned above have the potential to support the purchase of 1 million Bitcoins.