Opinion: Trump's push for the US to adopt strategic Bitcoin reserves may lead to "sovereign FOMO" in other countries

Odaily News Macroeconomic expert Mark Moss, host of the Bitcoin podcast "The Mark Moss Show", said that Trump's positioning himself as the "Bitcoin President" may push the United States to adopt a strategic Bitcoin reserve, which will trigger a "game" and lead to "sovereign FOMO (fear of missing out)" in other countries. Mark Moss mentioned that Senator Cynthia Lummis from Wyoming has proposed a bill to establish a strategic Bitcoin reserve and plans to increase the number of Bitcoins by 200,000 each year until the book holdings reach 1 million. Under Trump's leadership, this plan "is likely" to become a reality. "If the United States does this, the G7 and G20 countries will be affected... Other countries have begun to pay attention to this matter and started to buy Bitcoin, which has brought great upward momentum to the price of Bitcoin." (kitco)