The Bitcoin Reserve Act, proposed by U.S. Senator Cynthia Lummis, aims to establish a national Bitcoin reserve that could dramatically reshape the cryptocurrency landscape. By accumulating 1 million BTC over five years, the Act seeks to create a strategic reserve comparable to gold holdings, signaling the U.S. government's growing acknowledgment of Bitcoin as a key asset.

If enacted, the Act could disrupt Bitcoin’s traditional four-year halving cycle. Experts speculate this might lead to a "supercycle," characterized by continuous growth and a break from Bitcoin's typical boom-and-bust patterns. Such a shift would have profound implications for market dynamics and Bitcoin’s role in the global economy.

While the proposal has sparked enthusiasm among crypto advocates, concerns remain about potential market manipulation and risks tied to such a significant government involvement. Show Less