Senator Bernie Moreno It wants the United States to start buying bitcoin. He believes that the country needs a large pile of it, such as reserve. He spoke at a meeting on March 26, Blockchain Summit. He said that the United States should get a million BTC for five years. This is a lot of encryption. He wants legislators to pass a bill for this by August.
Bitcoin stock idea
The idea of Senator is simple: The United States government must buy and maintain bitcoin. He believes this is important for the country to stay strong in financial matters. He sees encryption assets and other digital money as a big deal.
The bill that he wants to pass will lead to the preparation of the National Bitcoin Reserve. It comes to a backup copy, such as how to keep gold. The goal is to collect a million bitcoin in five years.
Under President Trump’s leadership, America will be the global standard of digital assets! https://t.co/ynbtsqbxp
Berniemoreno March 26, 2025
Opportunies to pass the bill
Not everyone is sure that this will happen. Some people who know currency laws believe a long snapshot. A person studying laws, a legal analyst from Bloomberg, said that there is only 30 % chance for the United States that will buy Bitcoin this year.
BTCUSD trading at $85,668 on the daily chart: TradingView.com
Others are more optimistic. Matthew Segel, which analyzes the phack encryption, put the chances between 50 % and 60 %. He believes that it may go in any of the two directions, as there is support from people in both political parties, but this does not always mean that the bill is passed. It is waiting and see the situation.
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For perspective, US MP Nick B. Beach and Senator Sinatia Lomes recently presented Bitcoin Act for 2025And that must be approved by Congress to pass. The legislation depends on a new for the new US President Donald Trump Executive order To create a strategic bitcoin reserve and US digital asset stock.
Why this matters
Why is this important? Senator Moreno believes that Bitcoin is the future. He sees it as a way for the United States to keep its place as a global leader in money. If the United States bought a lot of bitcoin, it may change how other countries see it. It can also change how people look at the currency in general. Coded It has become more common, and some believe that governments need attention. The decision to buy or not buy bitcoin has long -range effects.
What happens after that
Legislators will now consider the proposal. They will talk about it and decide whether it is logical. The deadline in August, and those who receive the money and the laws that cover it will continue to monitor what is happening.
The result will affect how the United States deals with digital money. It will also appear whether the country is ready to embrace new types of currency, such as Bitcoin. The whole world is watching to know what the United States is doing after that.
Distinctive image from Gemini Imagen, the tradingvief chart
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