比特幣儲備法案可能會結束加密貨幣的四年繁榮-蕭條週期

比特幣儲備法案可能會擾亂減半週期。這個四年周期會以不同的方式展開嗎？我們正在進入一個神話般的超級週期嗎？

A bill in the U.S. Senate that would require the government to hold one million Bitcoins could trigger a massive buying spree by countries around the world, fundamentally altering the cryptocurrency market cycle.

美國參議院的一項法案要求政府持有 100 萬枚比特幣，這可能會引發世界各國的大規模購買熱潮，從根本上改變加密貨幣市場週期。

The Bitcoin Reserve Act, introduced by Wyoming Senator Cynthia Lummis earlier this year, would mandate the U.S. government to begin purchasing 200,000 Bitcoins annually over five years, accumulating a total of one million Bitcoins, which the government would then be required to hold for at least 20 years.

懷俄明州參議員辛西婭·盧米斯(Cynthia Lummis) 今年稍早提出的比特幣儲備法案將要求美國政府在五年內每年購買20 萬個比特幣，累計總計100 萬個比特幣，然後政府將被要求持有這些比特幣至少20年。

If passed, the bill would mark a historic shift in U.S. government policy toward cryptocurrencies, effectively banning the government from selling any Bitcoins it acquires. The government would also be barred from using any BTC it holds to pay outstanding debts.

如果獲得通過，該法案將標誌著美國政府對加密貨幣政策的歷史性轉變，實際上禁止政府出售其獲得的任何比特幣。政府也將被禁止使用其持有的任何比特幣來償還未償債務。

However, while the bill has garnered support from some lawmakers and industry figures, its fate remains uncertain. Several Republican defectors could block the bill's passage, arguing that it funnels government wealth to Bitcoin holders.

然而，儘管該法案獲得了一些立法者和行業人士的支持，但其命運仍然不確定。一些共和黨叛逃者可能會阻止該法案的通過，認為該法案將政府財富輸送給比特幣持有者。

Despite the bill's shaky prospects, its introduction has sparked speculation about a potential global race to acquire Bitcoin, with other countries under pressure to keep up.

儘管該法案的前景不穩定，但它的推出引發了人們對全球可能出現比特幣收購競賽的猜測，而其他國家也面臨著跟上的壓力。

“If the U.S. starts buying Bitcoin, other countries will have no choice but to follow suit,” said George S. Georgiades, a lawyer who left advising Wall Street firms in ことにしました 2016 to work in the crypto industry.

「如果美國開始購買比特幣，其他國家將別無選擇，只能效仿，」2016 年離開華爾街公司顧問職位、轉而從事加密行業的律師喬治·S·喬治亞茲 (George S. Georgiades) 表示。

“The enactment of the Bitcoin Reserve Act will mark a turning point in global Bitcoin adoption and could trigger other countries and private institutions to follow suit, driving broader adoption and enhancing market liquidity.”

“比特幣儲備法案的頒布將標誌著全球比特幣採用的轉折點，並可能引發其他國家和私人機構效仿，推動更廣泛的採用並增強市場流動性。”

Basel Ismail, CEO of crypto investment analysis platform Blockcircle, echoed Georgiades' sentiments, calling the approval of the bill “one of the most exciting events in crypto history.”

加密貨幣投資分析平台 Blockcircle 執行長 Basel Ismail 呼應了 Georgiades 的觀點，稱該法案的批准是「加密貨幣歷史上最激動人心的事件之一」。

“It will catalyze a race to acquire as much Bitcoin as possible. Other countries will have no say; they will be forced to act. They will either pivot, compete, or perish.”

「這將引發一場爭奪盡可能多比特幣的競賽。其他國家沒有發言權；他們將被迫採取行動。他們要么轉向、競爭，要么滅亡。

“Most G20 countries, which are the most powerful and economically advanced countries in the world, will follow suit and establish their own reserves.”

“大多數G20國家，即世界上最強大、經濟最先進的國家，將效仿並建立自己的儲備。”

According to Ismail, this FOMO-driven buying spree by countries could fundamentally alter the current cryptocurrency market cycle.

伊斯梅爾表示，各國這種因 FOMO 而引發的購買熱潮可能會從根本上改變當前的加密貨幣市場週期。

“If the U.S. or any other major economic power starts buying, it could trigger FOMO, creating a market cycle and supply-demand dynamics that we have never seen before.”

“如果美國或任何其他主要經濟大國開始購買，可能會引發 FOMO，從而形成我們以前從未見過的市場週期和供需動態。”

Hong Fang, president of OKX exchange, told Cointelegraph that other countries may already be preparing for such a race.

OKX 交易所總裁洪方告訴 Cointelegraph，其他國家可能已經在為這樣的競賽做準備。

“The game theory has likely already been quietly at play.”

“博弈論可能已經悄悄發揮作用。”

However, Ismail noted that most Bitcoin purchases would be made through over-the-counter brokers and settled in bulk trades, so “it may not have a direct impact on Bitcoin's price,” but it will create a lasting demand force that ultimately drives up Bitcoin's price.

然而，伊斯梅爾指出，大多數比特幣購買將透過場外經紀人進行，並以大宗交易結算，因此“這可能不會對比特幣的價格產生直接影響”，但它將創造持久的需求力量，最終推高比特幣價格。

If the U.S. or any other major economic power begins accumulating, it could trigger FOMO, creating a market cycle and supply-demand dynamics that we have never seen before.

如果美國或任何其他主要經濟大國開始積累，可能會引發“錯失恐懼症”，從而形成我們以前從未見過的市場週期和供需動態。

Hong Fang

OKX exchange president

OKX交易所總裁

If the U.S. or any other major economic power begins accumulating, it could trigger FOMO, creating a market cycle and supply-demand dynamics that we have never seen before.

如果美國或任何其他主要經濟大國開始積累，可能會引發“錯失恐懼症”，從而形成我們以前從未見過的市場週期和供需動態。

OKX exchange president

OKX交易所總裁