Bitcoin's Road to $1 Million: U.S. Gov't Acquisition Could Trigger Global Economic Shift

April 17, 2025
Bitcoin's Road to $1 Million: U.S. Gov't Acquisition Could Trigger Global Economic Shift
  • Shapiro emphasized that an announcement regarding significant Bitcoin acquisitions by the government would create a profound global economic impact.

  • Zach Shapiro from the Bitcoin Policy Institute has made a bold prediction that Bitcoin could reach $1 million per coin if the U.S. government were to acquire 1 million Bitcoins, describing such a move as a 'global seismic shock.'

  • Market analysts, including those from VanEck, support this notion, suggesting that Bitcoin could help alleviate the U.S.'s staggering $36 trillion national debt by as much as $14 trillion through the introduction of long-term bonds linked to Bitcoin.

  • In light of these predictions, Bo Hines from the White House Crypto Council revealed that they are exploring budget-neutral strategies for the U.S. to acquire more Bitcoin, which may involve revaluing the Treasury's gold reserves and utilizing trade tariffs.

  • On a related note, Barry Silbert, CEO of Digital Currency Group, expressed regret during an April 17 podcast for not simply holding onto his Bitcoin, which he initially purchased in 2011 for between $7 and $8 per coin.

  • Silbert reflected that had he retained his Bitcoin instead of investing it in early-stage crypto projects, he would have achieved significantly higher returns than those from his investments in companies like Coinbase.

  • His sentiments resonate with the optimism of Bitcoin maximalists, such as Michael Saylor, who predict that Bitcoin could reach seven figures within the next decade.

Summary based on 2 sources


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