🤑 Uncle Sam’s Bitcoin Hesitation: Waiting for the World to Drop the Coin First? 😏

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In the grand theater of financial folly, the United States, that venerable actor on the global stage, appears to be lingering in the wings, clutching its script but reluctant to step into the spotlight. According to the whispers of crypto entrepreneur Mike Alfred, the government will only grace the stage “when there is enough pressure externally.” Ah, the classic Chekhovian hesitation-waiting for the world to cough before joining the chorus. 🌍💤

Alfred’s observation paints Washington as a reactive spectator rather than a leading performer. The timing, much like the resolution in one of my plays, remains shrouded in ambiguity. 🕰️🤔

Governments Watching Each Other Like Neighbors at a Fence

Alfred suggests a wider trend may unfold if prices climb, predicting Bitcoin will reach a staggering $1 million by 2033. By then, he argues, most countries will hold Bitcoin, either directly or through some roundabout exposure. A million dollars, you say? Surely, that’s enough to make even a stoic Russian peasant raise an eyebrow. 💸😳

Other luminaries, such as Strategy chairman Michael Saylor and Coinbase CEO Brian Armstrong, offer more optimistic timelines, suggesting seven-figure prices by 2030 or 2035. These forecasts, like overzealous matchmakers, are being used to nudge governments into action. 🗓️🚀

The Strategic Reserve: A Playbook Still in the Wings

In March, President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve, directing the use of budget-neutral methods. Yet, like a forgotten prop in a theater, the formal plan remains unseen. Galaxy Digital analyst Alex Thorn hints at a “strong chance” of an announcement this year, but so far, the curtain remains closed. 🎭🔍

yes, i mean the U.S. government announcing, not bessent’s offhand comment on tv

that comment gave us hints of where they think the size of the reserve stands but is not a formal announcement of the SBR

– Alex Thorn (@intangiblecoins) September 11, 2025

The Risk of Being Left Behind-or Front-Run by Pakistan? 🚩

Jan3 founder Samson Mow warns that the U.S. must act soon or risk being front-run by other nations, with Pakistan as a potential rival. Alfred notes that widespread recognition of Bitcoin in the U.S. seemed unlikely before the March order. Now, a race to secure BTC is brewing, and pressure from abroad may force policymakers’ hands. 🇵🇰🏃♂️

Bitcoin Price Chart

Institutions Dive In, Prices Wobble, and Supply Tightens

Despite Bitcoin slipping below $95,000, institutions are expanding their footprint. A major U.S. digital trading platform and a chartered bank have opened crypto trading to institutional clients, while the Singapore Exchange adds perpetual futures. Policy shifts have also enabled firms to launch crypto exchange-traded products, broadening access. Infrastructure grows, even as prices dance like a nervous actor on stage. 🏛️💃

Supply concentration is becoming more apparent, with corporations controlling about 14% of Bitcoin’s 21 million supply. This figure excludes miners, sovereigns like El Salvador, and assets locked in decentralized finance protocols, which would push the share higher. With so much supply in specific hands, liquidity could tighten, leaving governments feeling like they’re chasing a moving target. 👐💧

Alfred’s message is clear: the U.S. will likely wait for others to take the plunge before diving into Bitcoin. For now, the Strategic Bitcoin Reserve remains a plan on paper, much like an unperformed script gathering dust in a theater’s archives. 🗃️📜

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2025-11-19 19:55