Currently, it is estimated that 617 million people worldwide are using cryptocurrencies (approximately 7.51% of the total population). If this number reaches 8%, it could mark a turning point for BTC towards mainstream adoption—whether through stablecoins, decentralized finance, new financial services, or even the simplest speculative behaviors. Achieving an 8% adoption rate in some key regions would create a network effect reflected in this number, stimulating more institutional and public interest.
Historically, the 8% adoption threshold signifies a transition from early adopters to early majority—this is a critical stage where cryptocurrencies are expected to be widely accepted by 2025.
Review of Trump's BTC Conference Speech
Trump delivered a keynote speech at the 2024 BTC conference in Nashville, advocating for the U.S. government to incorporate BTC as a strategic asset in the national financial reserves. He emphasized plans to increase U.S. energy production to support BTC mining, positioning the U.S. as a global leader in this field. Trump promised to establish a consulting committee to support cryptocurrencies, aiming to create transparent regulations, and expressed intentions to replace SEC Chairman Gary Gensler to alleviate regulatory burdens on the industry.
Detailed Explanation of Strategic BTC Reserves
On July 31, 2024, Wyoming Senator Cynthia Lummis introduced the "2024 Bitcoin Act," aimed at positioning BTC as a strategic financial asset for the U.S. to enhance economic resilience and increase transparency. The bill proposes the establishment of strategic BTC reserves and the implementation of a BTC purchasing program to support these goals.
The strategic BTC reserves will create a decentralized and secure network for storing government-owned BTC within the U.S. This reserve will employ robust security measures and retain any assets from BTC forks or airdrops, which cannot be sold for five years. The BTC purchasing program aims for the U.S. government to acquire up to 1 million BTC over five years, with an annual purchase target of 200,000 BTC.
BTC Expected to Reach $100,000 in a Crypto-Friendly Presidential Regulatory Environment
With Trump's election and the U.S. Congress igniting a wave of support for cryptocurrencies, favorable legislation for the industry may be propelled. Breaking through the 8% adoption threshold could be a key milestone for BTC's global acceptance. Given Trump's supportive stance on cryptocurrencies and his circle of crypto advocates, he may push to fulfill promises made during his campaign. In this supportive regulatory environment, it seems feasible for BTC to reach $100,000 in the coming months, laying the groundwork for a strong outlook for the BTC industry in 2025.
The above opinions are sourced from Matrix on Target, contact us** for the complete report from Matrix on Target.**
Disclaimer: The market carries risks, and investment should be approached with caution. This article does not constitute investment advice. Trading in digital assets can involve significant risks and volatility. Investment decisions should be made after careful consideration of personal circumstances and consultation with financial professionals. Matrixport is not responsible for any investment decisions made based on the information provided in this content.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
