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Which country will announce a Bitcoin strategic reserve plan first by end of 2025?
2
Resolution / Starting Odds
Russia • 25%
China • 25%
India • 25%
Other • 25%
Official government announcements or state media reports
Story
U.S. Treasury Plans $76B Bitcoin Purchase as Strategic Reserve, Sparking Global Arms Race
Dec 9, 2024, 05:42 PM
The U.S. Treasury is considering a significant investment in Bitcoin, proposing to allocate $76 billion over five years to establish a strategic reserve. This move, at a current Bitcoin price of $100K, is seen as a hedge against inflation and economic instability. The proposal has sparked discussions about a potential 'arms race' between the U.S. and Russia, with both President Trump and President Putin involved, to secure their own strategic Bitcoin reserves. Senator Cynthia Lummis has suggested that the U.S. Treasury could buy 1 million BTC over five years, which would be backed by selling off gold reserves. This initiative could influence other countries to consider similar strategies, potentially leading to a global domino effect in Bitcoin adoption by nations.
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China • 25%
Other • 25%
Russia • 25%
India • 25%
United States • 25%
El Salvador • 25%
China • 25%
Other • 25%
Other • 25%
United States • 25%
Russia • 25%
China • 25%
Japan • 25%
Other • 25%
China • 25%
Hong Kong • 25%
India • 25%
China • 25%
United States • 25%
None of these • 25%
Canada • 25%
United Kingdom • 25%
Germany • 25%
Other • 25%
Argentina • 25%
El Salvador • 25%
Other • 25%
Turkey • 25%
China • 25%
United States • 25%
Russia • 25%
India • 25%
Both China and Russia • 25%
China • 25%
Russia • 25%
Neither • 25%
None of the above • 25%
India • 25%
European Union • 25%
China • 25%
Other • 25%
Singapore • 25%
United Arab Emirates • 25%
Switzerland • 25%
Bank of Russia • 25%
People's Bank of China • 25%
European Central Bank • 25%
Other • 25%