If the government does take such a step, it could seriously boost confidence in BTC as an asset. But the question is how fast can this happen?
Well, i think it may not not be as fast as many of us are expecting, the bitcoin strategic reserve plans may come very late, however the timing remains unknown but there are indication that president Donald Trump will fulfill his promises made during the elections campaigns. I am hoping that the Bitcoin reserve should be implemented before the end of this year.
Honestly, the bitcoin reserve plans is one of the catalyst of the next bitcoin bullish momentum, and once it comes, Bitcoin land on the moon.