The military space force major from the United States invited the US government to start accumulating bitcoins
For the first quarter of this year, the first cryptocurrency has risen in price by 72%. During this period, the value of BTC increased from $16,500 to $28,400. The maximum value for the specified time was the mark of $29,100, to which the price of bitcoin rose on March 30.
On April 3, the main crypto coin costs about $27,700. According to CoinGecko, it lost 2.7% in 24 hours. The market share of bitcoin reaches 44.4% with a market capitalization of $535 billion.
Alex Kruger, founder of Aike Capital, believes that the period of enrichment through investments in the first cryptocurrency is over, as Bitcoin is now more suitable for storing capital. According to the entrepreneur, the only people who have the opportunity to earn on BTC are those who provide services related to the asset.
Krueger is sure that bitcoin can only be used to save the acquired capital. Also, the asset is suitable for trading and hedging risks that are associated with fiat.
In a discussion regarding trading strategy in the cryptocurrency market, Krueger noted that the best option for increasing profits is not to trade with significant leverage. It is better to trade with your own funds assets with high volatility.
And US Space Force Major Jason Lowry believes that the country needs to start accumulating bitcoins and developing the mining industry. In his book, he suggested using BTC as a “self-defense weapon” in the cyber realm.
The military believes that the main crypto coin can become a less destructive method of power struggle in the digital industry. Lowry’s idea is to develop security software that only responds to external signals accompanied by fairly large transactions in the BTC network.
Major also proposed to introduce into the US Constitution the possibility of using the technology of the first crypto coin as a tool of self-defense. However, according to him, he faced serious resistance in lobbying this idea from politicians.
