Slow at first, then all at once

This was always going to be the case.

Once the idea of the US creating a bitcoin reserve was floated, a bunch of other countries were bound to follow suite.

Here's the latest:

(Source: https://x.com/BitcoinMagazine/status/1861463534804091359/photo/1)

It isn't clear how much the US will acquire but the 1 million total bitcoin number over 5 years has been floated.

This bill in Brazil says they would buy up to roughly $18 billion worth of bitcoin.

If we get a bunch of countries doing this the price of bitcoin is going to the moon for sure.