Bitwise Research Director: The establishment of a strategic Bitcoin reserve by the United States will drive other countries to purchase Bitcoin

ChainCatcher news, Bitwise Research Director Ryan Rasmussen stated that the ultimate goal has never been for the U.S. government to buy all the Bitcoin. The U.S. strategic Bitcoin reserve means:

• Other countries will buy Bitcoin;
• Wealth managers have no excuses;
• Financial institutions have no excuses;
• Pension/endowment funds have no excuses;
• Concerns about the U.S. selling Bitcoin disappear;
• The U.S. may buy more Bitcoin;
• The likelihood of states buying Bitcoin increases;
• The possibility of the government banning Bitcoin is zero.

This will change everything in the long run.