The United States government looks set to launch the long-awaited Strategic Bitcoin Reserve (SBR) soon. According to Senator Cynthia Lummis, a prominent crypto advocate in Washington, funds for this reserve could start being allocated in the near future. The main obstacle is the slow legislative procedure in Congress.

Senator Cynthia Lummis Fully Supports the Bitcoin Act

In a discussion involving ProCap BTC's Jeff Park and Bitcoin (BTC) advocate Anthony Pompliano, the potential for the US government to utilize profits from its gold reserves to invest in Bitcoin (BTC) was discussed. With the US national debt now surpassing $37.8 trillion, Park argued that such a move is a small risk with huge potential returns.

"If Bitcoin (BTC) grows 12% per year," Park said, "it could generate 30 times that in 30 years, potentially covering a large portion of the fiscal deficit." Senator Lummis praised the idea, calling it a "wonderful articulation" of why the Bitcoin Reserve and Bitcoin Act make so much sense. His endorsement marks growing political support for Bitcoin (BTC) as a strategic asset, potentially a hedge in the US government's financial portfolio, similar to the role gold has played for decades.

From Seized Bitcoin to Strategic Reserves

Based on an executive order signed by President Donald Trump seven months ago, the Strategic Bitcoin Reserve will initially be financed using Bitcoin (BTC) already in the possession of the US Treasury, mainly those seized in criminal or civil cases.

Senator Lummis explained that the acquisition of additional Bitcoin (BTC) will be done through budget-neutral channels, ensuring no additional burden on US taxpayers. Although the operational framework is still being finalized, this move suggests that the US could soon start managing Bitcoin (BTC) as a formal national asset.

Paradigm Shift in Global Monetary Policy

Crypto analyst, Anthony Pompliano, recently told CNBC that the market is waiting for the real catalyst, not just the creation of the Strategic Bitcoin Reserve, but when the US government actually starts buying Bitcoin (BTC). "That would be the main course," Pompliano said, emphasizing that such an event could redefine global monetary policy.

If and when it happens, it would mark a historic turning point in global financial strategy, where Bitcoin (BTC) joins gold as part of America's financial backbone.

Conclusion

The establishment of the US Strategic Bitcoin Reserve could signal the beginning of large-scale Bitcoin (BTC) adoption by institutions, positioning the US as a leader in the global Bitcoin economy. This move would not only change the way Bitcoin (BTC) is viewed as a speculative asset, but also as a stable component of the nation's financial portfolio.