$BTC
He came up with a new idea, which is that America could add Bitcoin to its national treasury.
Okay, let's think about it a little, is this a sane idea or just nonsense?
On one hand, if America really does this, it would be the biggest support for Bitcoin in history.
Imagine! The largest country in the world recognizing Bitcoin and placing it alongside the dollar and gold.
This would skyrocket the value of Bitcoin, and companies and investors who were afraid would enter the market with confidence.
This means the entire cryptocurrency market would flourish.
But on the other hand, there is a huge risk involved.
The price of Bitcoin is up one day and down the next, it's officially crazy.
How can a country the size of America build its economy on something so volatile?
If the price of Bitcoin suddenly drops, it could cause a major economic crisis. Besides that, this would give America significant power and control over the Bitcoin market, which is contrary to the idea of a digital currency that is supposed to be free and not controlled by anyone.