A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC. In a Bitcoin Magazine podcast, Zach Shapiro, the head of policy for the Bitcoin-focused BPI think tank, said that a 1 million Bitcoin (BTC) purchase by the US would have a massive impact on the price of the asset. “If the United States announces that we are buying a million Bitcoin, that’s just a global seismic shock. [
source: https://cointelegraph.com/news/bitcoin-1-million-dollars-united-states-purchase-tariffs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound