So, in a tweet that has sent shockwaves through the crypto universe (or at least a few coffee cups), Willy Woo, that oh-so-astute cryptocurrency investor and trader, has dropped some serious knowledge about the potential for a US national Bitcoin Reserve. Spoiler alert: it’s not happening anytime soon! 🙄
Apparently, building this shiny new Bitcoin Reserve is about as easy as herding cats in a thunderstorm. Willy warns that getting the green light from Congress is like trying to get your cat to take a bath—good luck with that! So, he estimates it might take a staggering two years just to get things rolling. 🐱💦
6-24 months? Sounds like a casual eternity!
According to our crypto oracle, Woo, the US national Bitcoin Reserve is going to need a hearty dose of bipartisan hugs. He quipped that issuing an executive order on Inauguration Day would be “the blunt way to execute this.” Because nothing says “let’s get this party started” like a presidential decree, right? 🙃
If Congress decides to play nice and actually approves this plan, nothing of this magnitude happens overnight. Woo believes we’re looking at a timeline of 6 to 24 months just for the government to start “stacking” Bitcoin like it’s the latest trendy avocado toast. And of course, the markets will be frothing at the mouth to react even before that—cue the speculative front running! 📈💸
If it’s “go”, bare in mind nothing is immediate. Would take in the range of 6-24 months before the US Govt could execute on BTC stacking.
Nevertheless the markets would start a process of speculative front running.
— Willy Woo (@woonomic) January 21, 2025
Kiyosaki’s Bold Bitcoin Prediction: $250,000 or Bust!
In other news, financial wizard and author of “Rich Dad Poor Dad,” Robert Kiyosaki, has made a jaw-dropping prediction that Bitcoin will soar to a jaw-dropping $250,000 this year. Yes, you heard that right! 🎉
Now, that’s a bit more conservative than his previous predictions where he expected Bitcoin to hit a whopping $350,000. But hey, who doesn’t love a little rollercoaster ride of numbers? His “minimum” price? A cool $175,000. You know, just in case you were thinking of buying a yacht. 🚤
Bitcoin Hits a New Peak: $109,114 and Counting!
And just when you thought the excitement couldn’t get any higher, Bitcoin decided to jump up almost 10% on January 20, soaring past the $100,000 mark like it was late to a party. It hit a record peak of $109,114 before taking a little breather and settling at $102,650. Talk about a dramatic entrance! 🎊
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2025-01-21 16:05