Huge adoption is incoming.

This gonna be scary when every states and every countries are trying to get their portion, Bitcoin price will rise a lot and then no one going to sell their coins. Whenever someone sell their coins, there's always a government will buy it.

Make sure people guard their coins safely, don't let our precious coins belong to centralization.

Definitely, it makes sense, it’s a state in the US, and Trump already mentioned using Bitcoin as a strategic reserve for the country. Plus, we all know Trump won Pennsylvania, so their move to draft a bill like this was probably influenced by his statement about Bitcoin. I think it’s only a matter of time before this happens, and other states will follow suit. After all, they always follow the leader, and for them, that’s Trump.

Hopefully, your leaders will come to see that Bitcoin is the answer. They probably just need a strong model to follow. If the USA sets the example, there’s a good chance other countries will start considering Bitcoin as a national reserve too. So let's wait and see.

Bitcoin go brrrr if everyone does this lol. It's already proven itself after all and there's a lot of companies that invested in Bitcoin that would speak for it. If countries were to follow along like this then a dump after that 100k would seem to be highly unlikely already. We might even see it as a base point even. Heck even if they invested past 100k I reckon it'd hold strong due to how much these countries would probably buy as their reserves.

Bitcoin to the moon!

No doubt, the future looks bright for investors. The US accumulating 1 million Bitcoin as a reserve is already big news, but it doesn’t stop there. With the US influencing other countries, we can all guess what’s coming next. That’s why I think betting on Trump’s administration, though he hasn’t taken office yet, might be a smart move. Once he’s in, and if he pushes for a bill supporting Bitcoin in every state, FOMO will hit hard.

Donald Trump will officially assume office on January 20, 2025, and considering the market is still bullish heading into early next year, it’s likely that the bullish run won’t break. A pro-Bitcoin announcement from Trump could fuel even more hype and push prices higher.

I just hope that alongside this adoption, we see bitcoin being adopted as a currency. A mode of exchange and not just for investment solely. That is literally why we have bitcoin in the first place. For us to have a decentralized system that allows us to make safe and fast transactions.

People want it because they know how valuable it can be in the future when it’s what everyone is using to transact. There should be a line between governments adopting bitcoin and using it to gain profit. Bitcoin is more than a cash grab.

The bill might face a big huddle for it to become law since Democrats have a majority in the Pennsylvania legislature. The sponsors of the bill Republican Representatives Mikaae Cabell and Aaron Kaufer will have to gain the support of their party and some other Democrats to get the needed votes. Investing $1.6 billion is big and this move might also spur other states to follow.

I don't see Bitcoin being widely used as a currency anytime soon. Its worth is increasing daily and people and government are embracing it as an investment and hedge against inflation. We might never see gold being used as a currency, this might be the same with Bitcoin.

I’m not too familiar with US politics, but I’m really hoping this moves forward. If it does, I’m sure it’ll inspire other states..or even countries would follow.

And actually, this wouldn’t be on the table if Trump hadn’t mentioned it during his campaign, so  now it’s time to see if he’ll back up his words with action.

This is just one state for now, but if more states decide to follow and approve similar plans, it’ll definitely boost the overall momentum. And it’s not just limited to the US, other countries will likely take notice. Smaller nations often look to bigger ones when it comes to strategies like this, so I wouldn’t be surprised if they follow suit without much hesitation. It’s like a ripple effect waiting to happen.

Are you absolutely sure that Trump will push through such a bill? There is too much confidence in such an assumption. This old man has said a lot, but in reality he is not very successful in fulfilling his promises. Aren't you hoping too much?

It is possible that some states will go down this path with the Bitcoin reserve, but this is not certain. Still, we should wait for the inauguration of the gray-haired man. Only after that can we draw conclusions.

Isn't he the reason the market's bullish right now? This all started when he began winning the election. We're still living in a speculative world, so if you're asking if I'm 100% sure, the answer is no, but I'm definitely hoping he signs the bill. That would be a big win for Bitcoin, especially with its adoption gaining momentum.

People are hoping because they voted for him.

Many people voted for Trump just because of his promises in bitcoin so they have no choice but to hope. If nothing happens, then it would seem like them voting for Trump is almost useless. But since Trump got Elon Musk on his team, I am guessing he is quite serious about his promises with bitcoin.