Opinion: Trump's push for the U.S. to adopt a strategic Bitcoin reserve may lead to "sovereign-level FOMO" in other countries

ChainCatcher news, according to Kitco, macroeconomic expert and host of the Bitcoin podcast "Mark Moss Show," Mark Moss, stated that Trump positioning himself as the "Bitcoin President" could drive the U.S. to adopt a strategic Bitcoin reserve, which would trigger a "game" leading to other countries' "sovereign-level FOMO (fear of missing out)."

Mark Moss mentioned that Senator Cynthia Lummis from Wyoming has proposed a bill to establish a strategic Bitcoin reserve, planning to add 200,000 Bitcoins annually until the total holdings reach 1 million. Under Trump's leadership, this plan is "very likely" to become a reality, "If the U.S. does this, G7 and G20 countries will be affected… Other countries have already started paying attention to this matter and begun purchasing Bitcoin, which has provided significant upward momentum for Bitcoin's price."