Arthur Hayes, co-founder of BitMEX, believes the US won't add more Bitcoin to its reserves. The reason? The nation's mounting debts and that notorious "Bitcoin bros" image don't mix well with political optics. Imagine politicians justifying printing money to hoard Bitcoin!
The US, surprisingly, already holds a chunk of Bitcoin seized from criminal cases. But despite these holdings, many in the crypto world doubt the government's plans to buy more. If this happens, a global scramble to own Bitcoin could ignite!