What Happens if Trump Makes Bitcoin the New Gold Standard? Donald Trump has promised to make the United States the "crypto capital of the planet." Earlier this year, Trump pledged to create a national bitcoin stockpile. The senate followed up by proposing a bill titled the 'Bitcoin Act of 2024' that would have the US Government acquire 1 million bitcoins over a 5 year period, starting in 2025. The US Government has the world's largest gold reserves, what happens if Trump follows through on his promises and creates the world's largest bitcoin reserve? At current gold prices, if Bitcoin were to reach the same market cap as Gold, each bitcoin would be worth just under $1 million. Just this week, President Trump's son Eric said that he is confident Bitcoin is going to hit $1 million per coin. The market is evolving, but there's still time to act before the next big shift. You can invest in Bitcoin and 75+ other cryptos in a tax-advantaged IRA. That's right, BitcoinIRA allows you to invest in Bitcoin and 75+ other cryptocurrencies in your retirement account. Founded in 2016 and trusted by over 200,000 Americans. BitcoinIRA is on a mission to help Americans retire and achieve financial freedom. You can fund your account by transferring an existing IRA, rolling over an old 401(k), or linking your bank account and making a contribution. And between now and the end of the year, you can earn up to $1,000 in rewards when you open and fund your account. It only takes 3 minutes to open an account, get started today! |
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