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The US government plans to buy 1 million Bitcoin. Is this desperation for the US government or innovation? In this episode we check out the why, how and when of the controversial B.I.T.C.O.I.N bill.

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Created by: Dagogo Altraide
Producers: Tawsif Akkas, Dagogo Altraide

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31 thoughts on “Why the US Government Plans to Buy 1 Million Bitcoin

  1. "There's far better crypto tokens out there…" Which are? Regarding which characteristic / use case?
    There's more flaws in your video, 1Mio BTC is 100% of remaining BTC to be mined not 5%. It's 5% of total supply.

  2. With Trump's policies and Bitcoin's recent surge back above $90K, I'm absolutely keeping an eye on cryptocurrency stocks now. Given the level of market turbulence, this could be a worthwhile industry to look into for expansion prospects.

  3. Yes its exciting! I can see it having a domino effect! The US government pumps up it's value and so other nations get involved and further pump up it's value! Wouldn't need to own many bitcoin to make a nice profit if that happened!

  4. Everyone's got this wrong. The reason for creating a strategic bitcoin reserve is to hedge against the dollar losing it's world reserve currency status to bitcoin. The problem that countries like Russia, China and others have had is that their own currencies are not as trusted as the dollar. It has been said that the dollar is the worst currency in the world except for all the others. Bitcoin, on the other hand, is not subject to debasement and could one day become more trusted than the dollar. So, countries who would like to bypass the US dollar (and avoid the risk of future sanctions) could potentially use bitcoin as a substitute for the dollar. Were the US dollar to lose its reserve currency status it would crash and United States wealth would crash along with it. To prevent that from happening, the strategy would be to invest in our own demise. Because in the event that this happened, bitcoin prices would skyrocket to insane levels – and value gained in the US bitcoin reserve would balance out the value loss of the US dollar. In times past, gold served that function (and it will continue to do so) but with the addition of a new threat (bitcoin) comes the need for another hedge.

  5. I remember feeling totally overwhelmed by all the crypto talk—like, everyone was making crazy gains, and I had no idea where to even begin. Then I came across The Bull Awakening by Taro Arimoto, and it completely changed the game for me. The way he explains everything is so clear, even if you’re a total beginner. If you’re trying to figure out crypto before the next bull run, you need to read this.

  6. There was a point when I thought crypto was only for tech bros and finance nerds. I couldn’t wrap my head around it. Then someone recommended The Bull Awakening by Taro Arimoto, and honestly, it’s been a total eye-opener. The way he breaks it down makes it feel achievable, even for regular people like me. If you’ve been avoiding crypto because it seems too complex, start here.

  7. I used to think crypto was just a gamble, and I was too scared to even try. Then I read The Bull Awakening by Taro Arimoto, and it changed how I look at everything. The strategies are practical, and he makes it easy to understand how to make smart investments. If you want to make the most of the next bull market, this book is a must.

  8. A while ago, I felt like I was always too late to the party—by the time I heard about a coin, it had already peaked. Then I picked up The Bull Awakening by Taro Arimoto, and it gave me the tools to spot opportunities early. I’m finally making decisions with confidence instead of just guessing. This book is worth every minute.

  9. A few months ago, I was frustrated watching others profit from crypto while I just kept second-guessing myself. Then I read The Bull Awakening by Taro Arimoto, and wow, it all started to make sense. It’s not just about throwing money around; it’s about knowing when and where to act. This book gave me a plan I can actually follow.

  10. 7:07 The price keeps going up, until it completely crashes, which I'm fairly certain it will at some point. The question is just when. There is no inherent value to bitcoin, and the cryptocurrency world is fraught with scams. Bitcoin is like one long-lasting pyramid scheme. At some point it will collapse.

  11. Crypto stocks are definitely on my radar now, especially with Trump’s policies and Bitcoin climbing back over $90K. With all the market uncertainty, this might be a good sector to explore for growth opportunities.

  12. The US economy is already in recession. Any rate cut will not ignite inflation. The banks will tighten even more, all consumer and corporate credit lending. This is the beginning of a deflationary period for your assets. Stocks markets will decline, and stock values disappear in a blink of the eye. Businesses will begin layoffs in earnest which will soon be reflected in the unemployment rate and unemployment claims, to further solidify the recession. In fact, when the FED cut rates in Sept, it will signify that the Titanic is going under, and it will suck everything down. Retail and housing sales will truly decline as consumer hold off their purchases. The inverted yield curve will then turn positive, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months… I'm especially grateful to Lise Tesseir, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape….

  13. You have completely missed the point. Trump, Musk, and Ramaswamy are surrounded by a crytpo techbroligarchy. By using taxpayers' hard-earned money to buy BTC, Trump and his ilk will pump up the price of Bitcoin to currently unimaginable levels. All the techbros who hold BTC will, on paper, be worth hundreds of billions of dollars more than they are today. The 1% get richer. The 99% get poorer.

  14. Short BTC now, USA will not buy anything, it’s Elon’s idea how to make money. He has done it himself before and now using trump. Elon bought BTC, made Trump say “we will buy 1 mil bitcoins”, price of BTC went up. Elon will sell, then short BTC, then tell Trump to say “no, we will not, BTC is scam” and price will go down. Elon makes millions in a short.

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