Cathie Wood suggests US government might buy Bitcoin for national reserve
Investor and ARK Invest founder Cathie Wood stated that the US government may soon start purchasing Bitcoin to include in its national reserve. This move could mark a significant milestone in acknowledging cryptocurrencies as official state assets.
Source The Block
Such an initiative indicates a shift in attitude towards digital assets and highlights Bitcoin’s potential as a store of value amidst economic uncertainty. The timing of such an action would boost trust in cryptocurrencies.
If this materializes, it could usher in a new chapter for the blockchain industry, affecting global financial markets and setting new standards for state-level investment.
