Bitcoin could reach one million dollars if the U.S. buys one million BTC, according to the Bitcoin Policy Institute

In a podcast from Bitcoin Magazine, Zach Shapiro, head of policy at the Bitcoin-focused think tank, BPI, stated that the purchase of 1 million Bitcoin

BTC

74,999 €

by the United States would have a massive impact on the asset's price.

BPI's CEO, Matthew Pines, mentioned that other nations are watching how the U.S. positions itself with Bitcoin before formulating their own strategies.

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