比特币储备法案可能会结束加密货币的四年繁荣-萧条周期

比特币储备法案可能会扰乱减半周期。这个四年周期会以不同的方式展开吗？我们正在进入一个神话般的超级周期吗？

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.

美国参议院的一项法案要求政府持有 100 万枚比特币，这可能会引发世界各国的大规模购买热潮，从根本上改变加密货币市场周期。

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.

怀俄明州参议员辛西娅·卢米斯 (Cynthia Lummis) 今年早些时候提出的比特币储备法案将要求美国政府在五年内每年购买 20 万个比特币，累计总计 100 万个比特币，然后政府将被要求持有这些比特币至少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.

如果获得通过，该法案将标志着美国政府对加密货币政策的历史性转变，实际上禁止政府出售其获得的任何比特币。政府也将被禁止使用其持有的任何比特币来偿还未偿债务。

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，尽管该法案获得了一些立法者和行业人士的支持，但其命运仍然不确定。一些共和党叛逃者可能会阻止该法案的通过，认为该法案将政府财富输送给比特币持有者。

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.

尽管该法案的前景不稳定，但它的推出引发了人们对全球可能出现比特币收购竞赛的猜测，而其他国家也面临着跟上的压力。

“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.

“如果美国开始购买比特币，其他国家将别无选择，只能效仿，”2016 年离开华尔街公司咨询岗位、转而从事加密行业的律师乔治·S·乔治亚兹 (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.”

“比特币储备法案的颁布将标志着全球比特币采用的转折点，并可能引发其他国家和私人机构效仿，推动更广泛的采用并增强市场流动性。”

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.”

加密货币投资分析平台 Blockcircle 首席执行官巴塞尔·伊斯梅尔 (Basel Ismail) 呼应了 Georgiades 的观点，称该法案的批准是“加密货币历史上最激动人心的事件之一”。

“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.”

“这将引发一场争夺尽可能多比特币的竞赛。其他国家没有发言权；他们将被迫采取行动。他们要么转向、竞争，要么灭亡。”

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

“大多数G20国家，即世界上最强大、经济最先进的国家，将效仿并建立自己的储备。”

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

伊斯梅尔表示，各国这种因 FOMO 而引发的购买热潮可能会从根本上改变当前的加密货币市场周期。

“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.”

“如果美国或任何其他主要经济大国开始购买，可能会引发 FOMO，从而形成我们以前从未见过的市场周期和供需动态。”

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

OKX 交易所总裁洪方告诉 Cointelegraph，其他国家可能已经在为这样的竞赛做准备。

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

“博弈论可能已经悄然发挥作用。”

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，伊斯梅尔指出，大多数比特币购买将通过场外经纪人进行，并以大宗交易结算，因此“可能不会对比特币的价格产生直接影响”，但它将创造持久的需求力量，最终推高比特币价格。比特币的价格。

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.

如果美国或任何其他主要经济大国开始积累，可能会引发“错失恐惧症”，从而形成我们以前从未见过的市场周期和供需动态。

Hong Fang

OKX exchange president

OKX交易所总裁

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.

如果美国或任何其他主要经济大国开始积累，可能会引发“错失恐惧症”，从而形成我们以前从未见过的市场周期和供需动态。

OKX exchange president

OKX交易所总裁