The news that Gary Gensler is stepping down from his position as Securities and Exchange Commission (SEC) Chairman has caused a stir in the crypto world, with many speculating about Donald Trump’s “crypto council” and whether the United States will purchase 200,000 bitcoin per year for the next five years.
This would see a huge surge in demand for the digital currency, with the US effectively competing with everyone else in the world who is also accumulating bitcoin. The price of bitcoin, which has already broken through $99,000, is likely to continue rising, with the possibility of reaching $100,000 at any moment.
This will be a historic moment for bitcoin and the future financial dominance of the United States.
