Pompliano Wants $250 Billion in Bitcoin Reserves: Will BTC Reach $1 Million
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- Anthony Pompliano has proposed a new plan for a Bitcoin reserve.
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The CEO of Blockstream believes that such a reserve could lead to further highs for BTC.
The discussions regarding the establishment of a Bitcoin reserve in the United States have gained momentum following Donald Trump’s election victory. There is increasing speculation about whether the U.S. will actively seek to build this reserve through additional purchases.
This is compounded by Trump’s commitment to retain all currently held and future government-acquired bitcoins.
In his latest post on X, Anthony Pompliano, founder and CEO of Professional Capital Management, shared his insights on creating a national Bitcoin reserve.
Pompliano’s ambitious vision for a Bitcoin reserve
Pompliano commented on recent initiatives aimed at establishing a Bitcoin reserve, particularly highlighting Senator Cynthia Lummis’s proposal.
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The reporting covered her idea to convert the Treasury Department’s gold certificates into BTC as part of forming this asset base.
It’s important to acknowledge Dennis Porter, CEO of the Satoshi Act Fund, who mentioned their legislative proposal has become extremely popular nationally.
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“Robert F. Kennedy Jr.’s” initiative was also brought up by Pompliano; it suggests implementing daily purchases of Bitcoin which would ultimately help accumulate hundreds of thousands over time during Trump’s administration planned expansion.”
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This ambitious approach highlights an emerging consensus among various political figures regarding potential governmental engagement with crypto assets.
However,
the executive asserted that while these efforts are noteworthy,
much more aggressive strategies are required given how pivotal Bitcoin has become as an influential global financial asset.
Pompliano urged:
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“We should make an unprecedented move—printing $250 billion within Donald Trump’s first day in office with every cent directed towards securing investments stocked entirely in Bitcoin.”
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