Opinion: Trump's push for the US to adopt strategic Bitcoin reserves could lead to "sovereign-level FOMO" in other countries

According to Kitco, macroeconomic expert and host of the Bitcoin podcast "The Mark Moss Show", Mark Moss stated that Trump positioning himself as the "Bitcoin President" could potentially drive the United States to adopt strategic Bitcoin reserves. This would trigger a "game" leading to a sovereign-level FOMO (Fear Of Missing Out) in other countries.

Mark Moss mentioned that Senator Cynthia Lummis from Wyoming has proposed a bill aiming to establish strategic Bitcoin reserves and plans to increase it by 200,000 Bitcoins each year until it reaches one million on paper. Under Trump's leadership, this plan is "very likely" to become reality. “If the U.S does so, G7 and G20 countries will be affected... Other countries have already started paying attention and began buying Bitcoins which greatly drives up its price."