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BREAKING: United States To Buy 5% of All Bitcoin!?

DeFi Daily News by DeFi Daily News
August 1, 2024
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BREAKING: United States To Buy 5% of All Bitcoin!?
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Senator Cynthia Lummis has introduced a ‘Bitcoin Reserve Bill’. This bill would allow the US would purchases 5% of the world’s Bitcoin supply (over 5 years) and hold it for at least 20 years. This bill is expected to be approved in 2025.

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Timestamp:
0:00 – Intro
0:09 – Bitcoin will explode in 2025
2:14 – Cynthia Lummis Explains US 5 Year Bitcoin Plan
5:07 – Why does the US need this? Lummis explains
7:07 – Now is a great time (Rate cuts are coming)!
9:34 – 2025 Approval?
11:21 – Token2049 Side Event (& final thoughts)

**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin & Ethereum.

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Altcoin Daily, the best cryptocurrency news media online!
#bitcoin #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #entrepreneur #business #success #investment #finance #motivation #coinbase #stocks #wallstreet #investor #wealth #bullish #bearish #cryptolive #altcoindaily

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!

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Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander, harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

*The channel is not responsible for the performance of sponsors and affiliates.

Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.

Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL, GMT, SEED, TET, COTI, AIT, Prisma, Prop, LMWR, Aethir,

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Tags: 2024 predictionAltcoinaltcoin dailyaltcoin newsbest crypto investmentbest investmentbinanceBitcoinbitcoin billbitcoin cnbcbitcoin newsbitcoin todaybottombreakingBuycoinbaseCrashCryptoCryptocurrencycryptocurrency newscryptocurrency news media onlinecynthia lummiscynthia lummis interviewDonald TrumpEthereumfinanceInterviewInvestmentkamala harrisLummismake moneyNewsPredictionPriceStatesStocktoo latetop altcoinstradeUnitedusUS electionUSAXRP
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