Will there be a race to buy Bitcoin among major governments?
In fact, he believes that some governments will actually be lucky to purchase the cryptocurrency at such a price level.
The U.S. government could set such a trend in motion by creating a Bitcoin reserve. Polymarket bettors currently see a 55% chance of the reserve being launched this year. that the price of the leading cryptocurrency skyrocket to as much as $500,000 this year if the US ends up being created since he expects other countries to follow suit.
Christian Lindner, one of the leading German politicians, previously opined that Bitcoin should be added to the country's national reserves as well as the European Central Bank's reserves.
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