U.S. Makes Bitcoin a Strategic Reserve , does this mean they’ll Never Dump Again

[Iranus]

I operate with the mindset that Bitcoin can be fine without government influence so I'm fine with either cases (Congress approved BSR or not).

Of course, bitcoin can still function just fine without government intervention or strategic bitcoin reserves. But without those catalysts, bitcoin will have a hard time achieving bigger things, like competing with gold. Something that many bitcoin investors have always wanted.

Just like Bitcoin was doing well before ETFs, Wall Street got involved. But it is clear that with their participation, Bitcoin has reached new heights and become more popular faster. If there isn’t a large inflow of funds from ETFs, I don’t think Bitcoin’s price can reach $100k that quickly.

Likewise, I don't think bitcoin can hit $1 million or compete with gold in market capitalization without central bank intervention.

[tbct_mt2]

Of course, bitcoin can still function just fine without government intervention or strategic bitcoin reserves. But without those catalysts, bitcoin will have a hard time achieving bigger things, like competing with gold. Something that many bitcoin investors have always wanted.

Just like Bitcoin was doing well before ETFs, Wall Street got involved. But it is clear that with their participation, Bitcoin has reached new heights and become more popular faster. If there isn’t a large inflow of funds from ETFs, I don’t think Bitcoin’s price can reach $100k that quickly.

Likewise, I don't think bitcoin can hit $1 million or compete with gold in market capitalization without central bank intervention.

I believe that Bitcoin will hit $1M in the future but it won't hit $1M price too soon. I agree with you that central banks nationally and globally will try to do more regulations under government request and also interventions with Bitcoin market and services related to Bitcoin in the future.

Bitcoin won't separate itself completely from governments and central banks, and as Bitcoin investors and users we must have that realistic vision on Bitcoin growth in the future.

From $120,000 to $1M, the pathway to a 7-figure price milestone is far but is reachable.

Next market cycle in 2028: $200,000
Two market cycles in 2032: $300,000
Three market cycles in 2036: $400,000
Four market cycles in 2040: $500,000
In 2044: $600,000
In 2048: $700,000
and so on.

Bitcoin can hit $1M price milestone in 2048, 2052, 2056, and you see it is only 30 more years, not too soon but not too far. Bitcoin has been here already 16 years since 2009.

[Orpichukwu]

Of course, bitcoin can still function just fine without government intervention or strategic bitcoin reserves. But without those catalysts, bitcoin will have a hard time achieving bigger things, like competing with gold. Something that many bitcoin investors have always wanted.

Is it not better for Bitcoin to have that hard time going slow and steady and be crawling down to wherever it wants to be than having the government involved to fasten the process and have the power of manipulation in their hands, which can still bring it down from the top if they make a reverse move which stands against what contributed to its push up?

I'm not against bitcoin now being seen as a big asset and store of value by many investors, institutional and on a national level; my concern is the market manipulation power which then holding a higher portion of bitcoin gives to them, and I'm not necessarily concerned about Bitcoin competing with Gold market capitalization.

[Pauldesaints]

I think that will be a welcome development,if the bill goes through and approved to make Bitcoin become a national reserve.it will change the wrong notations other countries of the world have against Bitcoin. With that I sincerely believe its market value will be raised.

[Z-tight]

another elected government can come in trash all these plans immediately the current tenure is over. This is why I don't think we need to be super reliant on the strategy reserve from the US government being talked about.

Yeah, if the Democrats probably get back power, then we might go back to something similar to the Biden administration, were every crypto policy of government was regressive for the network and its growth. We'll see what happens, however i don't think bitcoiners are reliant on the positive news coming out from countries and institutions, BTC is decentralized, so it obviously can survive without any of it, but if a news is big and good, then it is worth 'celebrating'.

[coolcoinz]

I think that will be a welcome development,if the bill goes through and approved to make Bitcoin become a national reserve.it will change the wrong notations other countries of the world have against Bitcoin. With that I sincerely believe its market value will be raised.

And I think that it doesn't matter whether it goes through or not. It's all a big hoax. I don't know who is playing who, is it the FED and those holding bitcoin ignoring Trump, or maybe it's Trump himself.

Lets start with the fact that there was an executive order signed by Trump in March. The order gave each agency holding bitcoin to report how much they have within 30 days and this has not been done. I've read that some agencies had trouble finding coins.

When the audit is complete the funds were supposed to be transferred to a single wallet, but again this has not been done. The person responsible for this was David Sacks who employed Bo Hines who was eager to do the work and to be honest might have been a good choice for this position, but a few months ago Hines resigned. According to rumors it's because they were hitting brick walls everywhere with no crypto laws being voted and agencies that hold bitcoin not cooperating with them. IMO he resigned because he wasn't able to get any BTC for the reserve, or the coins were being sold.

Why do I suspect foul play? Because Scott Bessent was asked in an interview about the bitcoin reserve and said that "we will stop selling crypto" and that was months after the executive order was signed! So they were selling coins that were supposed to be in the reserve?

It all stinks and I don't expect much from this lying administration.

[Hazink]

I think that will be a welcome development,if the bill goes through and approved to make Bitcoin become a national reserve.it will change the wrong notations other countries of the world have against Bitcoin. With that I sincerely believe its market value will be raised.

You probably are not following up with what's happening around bitcoin, that the US proposed reserve policy to accumulate bitcoin through purchase has been abandoned. Their major source of owning bitcoin now is just by seizure, which is not what other countries which took the idea of strategic reserve are doing on their own side. Few countries have already started accumulating It's now like something they are making move to see who will accumulate first and higher over the other.

[LogitechMouse]

Just for context. Those Bitcoins that they got are the ones that they seized from various fraudulent websites like mixers in the past. They didn't bought a single Bitcoin at all.

---
Questions ~~~

Do you think this move means the U.S. will never dump its BTC again?
And what happens if other countries start doing the same, will this change how Bitcoin’s supply behaves long-term?

Nope. At some point, they will dump the Bitcoins that they're currently holding because if I remember correctly, they'll be using that money to pay off the debts. Correct me if I'm wrong on this one, but I don't think that they're dumb enough to hold their Bitcoin holdings FOREVER.

If other countries will do the same, there will be a "supply squeeze" that will happen, and that could push prices to a higher price, BUT that will only be possible IF they bought it on exchanges. Most of the companies who are holding significant amount of Bitcoins bought theirs through the OTC that's why there's no immediate effect to it's price when they bought it. Bitcoin's circulating supply will shrink for sure and that will push the prices go higher. The problem though is when they sell their Bitcoins AT ONCE.

Well, they abandoned the idea already so the Bitcoins that they got from seizures, and the Bitcoins that they'll be getting in the future from illegal activities are the only Bitcoins that they might be holding, and they'll not be buying at all.

[NewRanger]

There’s a proposed bill in the U.S. called the BITCOIN Act of 2025, which aims to create what they call a “Strategic Bitcoin Reserve.” If this bill eventually passes, it would mean the government’s seized and held Bitcoins would officially be treated as national reserve assets, not something they can just sell anytime.

I personally see this as another attempt to entice other countries to buy dollars, with the ultimate goal of maintaining dominance, and the only way is with BTC. I'm not surprised that the BTC price continues to climb, despite corrections along the way.

This discourse conveys a message that, when interpreted, implies that Bitcoin is now considered to have geopolitical value, not just a digital commodity. With the policy of making it a strategic national reserve, especially if other countries follow suit, the domino effect on the BTC price will be extraordinary.

Of course, they could sell their BTC at any time, and that would be fine if it were done transparently and gradually. But, if they sold it all at once, they would devalue their own assets. I think they would be very selective if they chose to do so, because they know this is a potential asset and they know Bitcoin will soon become like modern gold as well as economic diplomacy or long-term value reserves.

[Iranus]

I believe that Bitcoin will hit $1M in the future but it won't hit $1M price too soon. I agree with you that central banks nationally and globally will try to do more regulations under government request and also interventions with Bitcoin market and services related to Bitcoin in the future.

Bitcoin won't separate itself completely from governments and central banks, and as Bitcoin investors and users we must have that realistic vision on Bitcoin growth in the future.

From $120,000 to $1M, the pathway to a 7-figure price milestone is far but is reachable.

Next market cycle in 2028: $200,000
Two market cycles in 2032: $300,000
Three market cycles in 2036: $400,000
Four market cycles in 2040: $500,000
In 2044: $600,000
In 2048: $700,000
and so on.

Bitcoin can hit $1M price milestone in 2048, 2052, 2056, and you see it is only 30 more years, not too soon but not too far. Bitcoin has been here already 16 years since 2009.

I love realistic predictions like this. I also believe bitcoin will hit 1 million but I don't agree with the exaggerated predictions that it will hit that target by 2030, 2035 as some people are spreading.

It can be said that the period of short-term exponential growth is over, bitcoin will not be able to increase x5-x10 in just 5 or 10 years. Bitcoin is no longer a get rich quick scheme. But many people are still haunted by the past and do not want to let go, they still believe that bitcoin will be able to increase x10, x100 in the next 16 years and make them rich like the early investors.