#BitcoinPolicyShift

🔴 $BTC: 4 Bullish Impacts from US Bitcoin Reserves

1️⃣ Bitcoin Will Not Be Banned in the US

With the Strategic Bitcoin Reserve (SBR) in place, the likelihood of the US banning Bitcoin is decreasing. Now, Bitcoin has become part of the country's financial strategy, making a ban nearly impossible.

2️⃣ Encouraging Other Countries to Adopt Bitcoin

The US now leads in national Bitcoin ownership with 207,189 BTC ($18 billion), followed by China and the UK. Coinbase CEO, Brian Armstrong, believes other countries, including the G20, will follow this lead.

3️⃣ Bitcoin is Becoming More Legitimate in the Eyes of Institutions

The IMF previously pressured El Salvador to stop accumulating Bitcoin. However, with the US having its own reserves, global financial institutions find it increasingly difficult to reject Bitcoin as a strategic asset.

4️⃣ Financial Institutions Can No Longer Avoid Bitcoin

According to Bitwise, this move removes the reasons for wealth managers, banks, and pension funds to ignore Bitcoin. Additionally, the likelihood of US states purchasing Bitcoin has also increased.

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