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What will be the primary motivation for supporting 'Strategic Bitcoin Reserve' bills by 2025?
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Resolution / Starting Odds
Economic stability • 25%
Technological advancement • 25%
Financial independence • 25%
Other • 25%
Official statements, press releases, and interviews with lawmakers
Story
Lawmakers Push for 'Strategic Bitcoin Reserve' Bill with 120,000 Support Letters from 10 States
Nov 16, 2024, 07:30 PM
Lawmakers across the United States are reportedly rallying support for a 'Strategic Bitcoin Reserve' bill, with indications of significant backing emerging. A total of 120,000 letters have been sent to lawmakers urging their endorsement of this legislation. Additionally, Dennis Porter, a key figure in the movement, confirmed that 10 lawmakers from 10 different states are prepared to introduce strategic Bitcoin reserve legislation. This initiative is seen as a foundational step, with expectations that more states will follow suit in the near future.
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Strengthen US Dollar • 25%
Hedge against inflation • 25%
Increase global financial influence • 25%
Other • 25%
Financial innovation • 25%
Economic stability • 25%
Political strategy • 25%
Other reasons • 25%
Monetary policy tool • 25%
International trade settlements • 25%
Financial stability reserve • 25%
Other • 25%
Senator Cynthia Lummis • 25%
Senator Ted Cruz • 25%
Senator Elizabeth Warren • 25%
Other • 25%
Reduce national debt • 25%
Strengthen US dollar • 25%
Economic leverage • 25%
Other • 25%
Stabilize the US Dollar • 25%
Promote Bitcoin adoption • 25%
Enhance financial security • 25%
Other • 25%
Hedge against inflation • 25%
Strengthen digital currency position • 25%
Diversification of reserves • 25%
Other strategic reasons • 25%
Strengthened U.S. dollar • 25%
Increased Bitcoin adoption • 25%
Increased market volatility • 25%
Little to no impact • 25%
Economic stabilization • 25%
Strategic reserve • 25%
Investment purposes • 25%
Other • 25%
Less than 10 • 25%
10 to 20 • 25%
21 to 50 • 25%
More than 50 • 25%