I AM endlessly fascinated with how money works and has evolved throughout history. From trading shells and beads to minting physical coins, many metal detectorists love to spend hours walking fields to find these historical gems and, of course, paper money, which the older generation refuses to let go of.
The way societies assign value has always reflected their priorities and technological progress. We are witnessing the dawn of digital money - an evolution I strongly believe in.
Cryptocurrency, led by Bitcoin, represents more than just a financial instrument; it embodies decentralisation and innovation.
My previous writings explored how financial struggles and competition for monetary dominance often motivate wars. From funding armies to controlling resources, economic warfare has been a driving force behind many historical conflicts.
This raises the question: Is the US finally seeing the light? As global powers and corporations embrace Bitcoin, the US has a pivotal opportunity to secure its position in the next financial paradigm.
Money has consistently evolved every few decades, adapting to the needs of societies, technological advancements, and shifting economic landscapes.
Over the last century, we’ve witnessed monumental changes, from commodity-based trade to fiat currencies and now the rise of digital money.
With a proposed Senate bill that could mandate the US Treasury and Federal Reserve to acquire one million Bitcoins over five years, it’s becoming clear: cryptocurrency is positioning itself as the next major milestone in the history of money.
While the US debates Bitcoin adoption, other nations and companies are racing ahead. The BRICS nations (Brazil, Russia, India, China, and South Africa) are actively exploring alternatives to the US dollar, with some members considering Bitcoin as part of their strategy to diversify reserves.
El Salvador made history in 2021 by adopting Bitcoin as a legal tender, paving the way for national-level cryptocurrency integration.
On the corporate front, giants like BlackRock and MicroStrategy have already embraced Bitcoin.
MicroStrategy, led by Michael Saylor, has amassed a Bitcoin reserve worth billions, positioning itself as a leader in corporate crypto adoption. BlackRock, the world’s largest asset manager, is exploring Bitcoin ETFs, signalling a significant shift in institutional sentiment.
So, has the US left it too late? While it might seem so, history has a way of rewarding those who act decisively, even if they come late to the party. Bitcoin’s value lies in its scarcity and growing demand as a trusted asset.
Any nation or institution joining the race can still position itself advantageously in this evolving space. The critical question is whether the US can act swiftly enough to secure its share of this digital gold or whether hesitation will force it into paying a premium at the peak. Will the USA buy the top?
Only time will reveal whether this becomes a bold move or a costly miscalculation.
If enacted, the US Senate’s proposed bill would require the Treasury and Federal Reserve to purchase 200,000 Bitcoins annually for five years. That’s 1 million Bitcoins, equating to 5% of Bitcoin’s total supply. This development could have seismic effects on the global financial landscape:
Cryptocurrency’s rise reflects broader societal shifts. People increasingly demand borderless, decentralised financial systems that offer transparency, security, and resilience against inflation.
Bitcoin and similar technologies meet these demands, positioning themselves as the logical next step in money’s evolution.
Here’s how crypto fits into the broader trajectory:
The Senate’s potential Bitcoin acquisition plan is a clear signal for investors: cryptocurrency is becoming an institutional asset. Any significant dip in Bitcoin’s price could present a prime buying opportunity, especially as government-level adoption grows.
Here’s why this matters:
If this Senate bill becomes law, it will mark a turning point for Bitcoin and the concept of money itself. We’re witnessing the dawn of a decentralised financial era; THIS IS HISTORY IN THE MAKING, where blockchain technology underpins trust and efficiency.
Cryptocurrency is no longer a fringe asset. It’s becoming the foundation of the next monetary system.
For those watching history being made, you’ll be able to tell your grandkids where you were and how they now live the amazing life provided by your now ability to embrace the future.
And for those invested in cryptocurrency, the message is clear: the future of money is here.
BUY THE DIP!!!