Cryptocurrency investor and trader, Willy Woo, believes that it may take up to two years for the US to create a national Bitcoin Reserve due to the approval and execution process. Woo explains that buy-in from Congress and the House is necessary, and issuing an executive order on the day of inauguration would be too blunt. If approved, Woo predicts it would take six to twenty-four months for the US government to execute on Bitcoin stacking. Financial guru Robert Kiyosaki predicts Bitcoin could reach $250,000 per coin this year. On January 20, Bitcoin hit a new all-time high of $109,114 before dropping to its current price of $102,650.
Content Editor ( u.today )
- 2025-01-21
Strategic Bitcoin Reserve Could Take Up to 2 Years to Build: Willy Woo
