Peter Schiff, a prominent financial commentator, has intensified his criticism of Bitcoin, calling it a "public enemy" and accusing advocates of bribing officials to invest public funds in the cryptocurrency. He now argues that Bitcoin is a national security threat. There is an ongoing debate about whether the US should establish a state-owned Bitcoin reserve, with some suggesting it could replace gold as a reserve asset. However, this idea has faced criticism, with former US Treasury Secretary Lawrence Summers calling it "crazy." Despite the controversy, some states, like Florida, are making plans to create their own Bitcoin reserves. Betting markets give a 27% chance of the US government creating a Bitcoin reserve in the coming months. Finally, VanEck predicts that Bitcoin's price could reach $3 million by 2025 if it becomes a reserve asset, while its current trading price is around $100,032.



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