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🔥 A total of 20 US states are pushing for Bitcoin reserves, with several bills gaining traction. If these bills pass, it could result in $23 billion worth of Bitcoin purchases, creating strong demand.

Interestingly, since President Trump proposed a National Bitcoin Reserve, several states have begun to implement their own. Matthew Sigel, Head of Digital Asset Research at VanEck, analyzed these state proposals and their potential impact.
“We looked at 20 state-level Bitcoin reserve bills. If enacted, they could result in 247,000 BTC being purchased, worth $23 billion. This figure does not include pension fund investments, which could further increase demand,” Sigel noted.

Notably, these bills in Oklahoma, Massachusetts, Wyoming, Ohio, Texas, Utah, North Dakota, Iowa, Illinois, Kentucky, Missouri, Maryland, New Mexico, South Dakota, Montana, New Hampshire, North Carolina, Arizona, Florida, and Pennsylvania propose varying amounts of bitcoin allocations from the general fund, the stabilization reserve, and the state treasurer’s account.
Several states are eyeing large investments in Bitcoin, with Arizona proposing as much as $8.7 billion and Florida planning $3 billion. Missouri has introduced a bill that could allocate more than $1.7 billion to Bitcoin.
However, not all states have shared specific funding amounts, making it difficult to predict the overall impact on the market, he shared. Sigel pointed out that North Dakota’s proposal lacked detail, and some states like Pennsylvania have seen their bills fail.
Sigel said the $23 billion estimate may be an underestimate because some states have not disclosed how much they plan to invest. Since the amount of investment from some states is unknown, the actual total could be higher than the current estimate.

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Published: 25 Apr, 2025 | Author, @MrJangKen | ID: 766881381

📊 Bitcoin is no longer just a digital currency. It's an economic juggernaut moving trillions globally. But have you ever wondered: If Bitcoin were a country, how powerful would it be? Let’s break it down 🔍
🌍 GDP vs. Market Cap: A Unique Comparison
Let’s start with the basics. Bitcoin’s market capitalization is currently hovering around $1.3 trillion in April 2025. While not a traditional economy, comparing this to countries’ GDPs gives us surprising insights:
📌 Top World GDPs (approx. 2024):
🇺🇸 United States: $28.8T🇨🇳 China: $18.5T🇩🇪 Germany: $4.9T🇯🇵 Japan: $4.4T🇮🇳 India: $4.1T🇬🇧 UK: $3.6T🇧🇷 Brazil: $2.3T🇷🇺 Russia: $2.1T🇲🇽 Mexico: $1.7T⚡ Bitcoin: $1.3T
🚨 That puts Bitcoin just behind Mexico and ahead of Australia, Spain, and South Korea. Insane, right?

🏦 A Decentralized “Nation” with No Borders
Unlike physical countries, Bitcoin has:
✅ No central government✅ No physical territory✅ Yet, it supports millions of users, miners, investors, and financial services worldwide.
If measured as an economic entity:
Bitcoin would rank #12 by “economic size”It would be more stable than dozens of fiat currenciesIt runs 24/7 without borders—no bank holidays here! 🕒
💰 Currency Strength & Reserves
In terms of global reserves, Bitcoin is also catching attention:
🇸🇻 El Salvador has adopted BTC as legal tender🇨🇫 Central African Republic followed suit
Countries like 🇷🇺 Russia and 🇨🇳 China are exploring BTC reserves as alternatives to USD-based systems
💡 If Bitcoin was treated as a reserve currency, its reach would already surpass that of many fiat currencies used in global trade.
🌐 Population Comparison
Let’s talk about “citizens.”
🌍 Over 425 million people globally hold crypto, and Bitcoin is the most held asset.
If we count Bitcoin users as citizens of a digital nation:
Bitcoin’s “population” would rank in the top 5 most populous nations, behind only India and China.
🔐 Military Power? No. Hash Power? YES.
A country’s strength is often measured in military might. For Bitcoin, it’s all about hash power—the computing strength that secures the network.📌 As of now, BTC’s hash rate is over 600 EH/s (exa hashes/second)This is like having the strongest digital army on the planet, securing your economy every 10 minutes, non-stop.

💼 Bitcoin’s “Ministry of Finance” – Code
Unlike traditional countries where finance is controlled by bureaucrats, Bitcoin’s monetary policy is:
ImmutableTransparentDecentralizedPredictable
🧠 No inflation surprises. Just 21 million coins. Forever.
🚀 What This Means for YOU
If you’re part of the Bitcoin ecosystem, you’re:
A digital citizen of one of the world’s largest financial entitiesParticipating in a borderless economySupporting an unstoppable protocol that rivals traditional global powers
🎯 Final Thoughts
Bitcoin isn’t replacing countries. But it acts like one in influence, economic scale, and global reach.
As adoption grows, BTC will continue climbing the ranks—not as a nation-state, but as a sovereign financial force backed by math, transparency, and decentralization.
📢 So, next time someone asks, “What is Bitcoin really worth?”—tell them:
It’s worth more than most countries. And it’s just getting started. 🌍🔥

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