As reported by BitcoinWorld, crypto entrepreneur Mike Alfred suggests the US is adopting a reactive approach to Bitcoin stockpiling, waiting for international pressure to act. He argues that the US government is reluctant to build a Bitcoin reserve until other nations demonstrate significant BTC acquisition. Alfred highlights regulatory uncertainty, traditional financial dominance, and political considerations as key factors behind the US's cautious stance. He also notes that early-mover countries like El Salvador, which has made Bitcoin legal tender, are creating pressure on US policymakers. Alfred predicts Bitcoin could reach $1 million by 2033, with most countries likely to hold the asset directly or indirectly. Delaying Bitcoin acquisition, he warns, could result in higher costs and reduced geopolitical influence for the US.
US Hesitates on Bitcoin Stockpile Amid Global Pressure
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