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Bitcoin News Alerts | Daily BTC Macro Signal
2346: U.S. Finds $1.17 Trillion To Buy Bitcoin - Gold Reserve Shock
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Most people think governments just run out of money. They really don't. They run out of imagination. And when they find a new way to acquire scarce assets, markets repriced violently. What just happened today changes everything. Check this out. The United states just found $1.17 trillion to buy Bitcoin. Not by printing, not by taxing, but by exposing a 50 year accounting lie. The U. S still carries gold on its books at just $42 an ounce. Market price for gold right now over 4, 500 an ounce. That's a 107x accounting gap. Congress just introduced legislation to convert that gap into bitcoin. That unlocks 1.17 trillion in paper gains. And the proposed destination? You guessed it, bitcoin. Up to 1 million bitcoin. Let that really sink in. It launched with bipartisan support and already has 21 co sponsors on day one. America has been sitting on a dormant balance sheet weapon now for decades now. Someone just proposed pointing it at bitcoin. And if this becomes law, game changes instantly. Because this is no longer about retail adoption or ETFs or even corporate treasury accumulation. This is nation state accumulation, strategic reserve accumulation, permanent balance sheet accumulation. And that changes everything. Because governments don't trade. They accumulate. They defend. They hold. This bill would also end future federal bitcoin auctions. No more dumping. Seize bitcoin back into the open market supply. And instead these coins go directly into strategic reserves. That means a historical seller becomes a permanent buyer. Think about how insane that is. For years the US government treated bitcoin as something to confiscate and sell. Now Congress is debating whether Bitcoin belongs next to Gold itself. Same legal tier, same reserve treatment, same strategic relevance. This is not a small narrative shift. This is a regime change. And here's where things get dangerous. Because America doesn't move in a vacuum. If the US starts converting balance sheet firepower into Bitcoin, what does China do? Russia, Saudi Arabia and the uae. What happens when countries realize the hardest monetary asset on earth is finite and their rival just started accumulating it? That's the game theory. This is how the reserve race begins. Quietly, on paper, before the public understands what actually happened. And while most people are still arguing about whether Bitcoin is too volatile, the rules are changing underneath them. Because supply doesn't care about narratives. There's only 21 million Bitcoin. Millions already lost. ETFs absorbing supply, public company is absorbing strategy, keeps engineering new capital weapons to absorb supply. Now layer the sovereign demand on top of that. That's not bullish, that's structurally violent. And here's the part nobody sees. This proposal isn't using taxpayer money. These are net neutral strategies. No debt issuance, no money printer, no bailout mechanism. Just repricing the old gold reserve assets to acquire a harder one. The apex predator. That's what makes this so dangerous. Because politically it's far easier to sell. And psychologically it normalizes Bitcoin as strategic infrastructure. Not speculation, not rebellion, not a fringe hedge infrastructure. That's the pivot. The average person still thinks they have time, that adoption is gradual and that governments will be the last ones in. But what if governments become the trigger? What if the biggest repricing event starts not with hype, but with legislation? A quiet bill, a balance sheet adjustment, a few boring headlines, and then a sovereign scramble because one sovereign accumulation becomes real. Bitcoin doesn't need universal adoption. It only needs enough powerful buyers competing for what's left. That's when price stops moving logically. And that's when scarcity becomes violent. That's when people realize the question was never will governments buy Bitcoin? The question was how much Bitcoin will be gone before they do. Now here's the uncomfortable part. What if this isn't the beginning? What if this is just the moment most people finally notice? Because the evidence is already here. Check this out. Arma found a 107x gold accounting gap. The proposal turns obsolete gold bookkeeping into a 1 million bitcoin reserve where 200,000 per year being purchased for 5 years with a minimum to 20 year hodle, meaning future seeds. Bitcoin goes to the reserve, no auction and Currently, gold in the market was priced at $42 an ounce back in 1973, but today it's over $4,500 an ounce. That's where it creates that 107x gold accounting gap of over $1.17 trillion. Let's break it down in greater details. Shout out to TFTC for bringing this news. A new bill in Congress would fund 1 million bitcoin reserve by closing a 107x account cap on U. S gold. The Representative Nick and Representative Jared golden introduced the American reserve monetization act, known as Arma Wednesday with 21 co sponsors on day one. The bill would authorize the U. S Treasury to acquire up to 200000 Bitcoin per year for five years. It is a rebranding of the original bitcoin act co introduced by the same man and Cynthia Lummis and would codify Trump's March 2025 strategic Bitcoin reserve executive order into permanent law. The bill classifies bitcoin as a Tier 1 strategic reserve asset, putting it on the same legal footing as gold. All acquisitions must be budget neutral. The funding mechanism is revaluing the Federal Reserve gold certificates from their statutory price of $42 per ounce set in 1973 to the current market price, which is 4,500 an ounce. That revelation would unlock over 1.17 trillion in paper gains on the government's 8,133 metric tons of gold1 without new taxpayer debt. So it's 100% budget neutral. The bill ends the practice of auction and seize bitcoin. All future seizures go directly to the strategic reserve instead of being liquidated by the US Marshall's office. Bitcoin in the reserve would be held for a minimum of 20 years, with the only exception being sales to reduce the national debt. Federal custody standards include geographic distribution of private keys across air gap facilities. Multi signature governance requiring authorization from the treasury, the fed and an independent third agency. An investment in quantum resistant cryptographic upgrades. This is the most technically detailed bitcoin custody language ever written into a congressional bill. I mean, if this thing is to pass, it's going to be with this administration. It's now or never. And I couldn't be more bullish. Can you tell? You know what I mean? Let me know if you think this will likely pass. And how awesome is that? Using the accounting error or the accounting lie from the price mismatch from the 70s to today to use that in a net neutral strategy to acquire a massive amount of bitcoin and to put it into perspective, today the Bitcoin market cap is close to 1.5 trillion. So if they were to dump a trillion dollars into Bitcoin, it would be game changing. It would double the market cap virtually overnight. If you've been looking for an excuse to consolidate your assets, this is it. Until May 31, Coinbase has given a straight 3% bitcoin boost on any crypto or cash deposits all month. Coinbase One is built to help you get more out of your money with zero trading fees on thousands of crypto assets, around 3.5% APY on USDC boosted staking and lending rewards and up to 4% bitcoin back with the Coinbase One card. 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Progressive makes it easy to see if you can save when you bundle your home and auto policies. Try it@progressive.com Progressive Casualty Insurance Company and affiliates. Potential savings will vary. Not available in all states. Today is POT episode 2346 I'm your host JV alongside Fed Chair Nipinator. Today is May 22, 2026. Justin Senate Banking Chair Tim Scott just told Fox the Bitcoin Clarity act will pass with bipartisan support. He says crypto is in America's best interest. American people want to have access to what the rest of the world has access to. The only way to do that is have rules of the road. So getting this legislation done is historic. It puts America back in the driving seat for the future, the foreseeable future. Having Cynthia Lummis and Mark Warner work together on anything is a blessing. It's like Peter walking on the water. It's something you don't see every day. So this is good news. But more importantly, having Senator also Brooks, Senator Gallego come along with every single Republican on the committee to do what's in America's best interest long term. Amen. So to have CNBC and Fox News analysts all bullish, to have the Congress all bullish. We've never seen nothing quite like this. The entire United States government is bullish on bitcoin. That's why I'm confident the Clarity act will pass the Senate and the House and be signed into law by President Trump this summer. And right now there's a 75% chance of all that coming into fruition. I'll take those odds. This just in. Pro bitcoin Kevin Wash, officially sworn in as the new Federal Reserve chair. Are very highly respected Justice Clarence Thomas to come up and swear and give him a good oath, if you would care. Because we, Clarence, we need a really good oath delivered here. Okay, thank you very much. There you have it. That's history being made right there. As you know, the prior Fed chair was J. Pal, who had a very anti crypto stance, just like the previous administrations, including the Biden administration, Obama administration, with the war on crypto. So times have changed. Complete 180. Also, it's national Bitcoin Pizza Day today. That's right, a sailor celebrating right here. And for those that don't know the Backstory, it was 16 years ago today. Laszlo paid 10,000 Bitcoin for two Papa John's pizzas. Today, 10,000 Bitcoin is worth over $775 million. This is the legend right here posted on the forum. I said, you know, if anybody's interested, I'm offering 10,000 bitcoins in exchange for some pizza. Somebody there said, hey, you know, I'll take you up on that offer. So I sent him the 10,000 Bitcoin. I said, okay, here it is. You know, I'm waiting for my pizza. And you know, he phoned it in, he paid with his credit card, and the pizza showed up at my door. Bada boom, bada bing. First bitcoin transaction recorded in history. Two Papa John's pizzas for 10,000 Bitcoin. Now valid at $775 million. But I got more backstory. Everyone talks about that guy Laszlo who paid the 10,000 bitcoin for the two pizzas, but no one talks about the guy who received the 10,000 Bitcoin. This gentleman right here, Jeremy Sturdy Von, the man who got paid 10,000 bitcoin for selling two pizzas on this day in 2010. He says I had no idea how huge it would become. You can say that again. Ain't that a crazy story or what? So happy bitcoin pizza day. No Diddy, no Epstein, no pizza gate. Justin. Michael Sailor said bitcoin's going to be $100 trillion network. Brand new interview clip. Check it out. Our job is to power up the bitcoin network and keep driving that network. And I think we'll buy it at 100,000, we'll buy it at 200,000, we'll buy it At 500,000, we'll buy it a million. 2 million, 4 million, 8 million. So it's a very simple business which is just dry bitcoin to millions of dollars. Expand the capital network to $100 trillion. Hundreds of trillions of dollars. Create trillions of dollars of digital credit. And think about it this way. If one company can drive the bitcoin price to millions of dollars and into a multiple hundred trillion dollar network, there's still skeptics that don't believe bitcoin can go to a million dollars or that Bitcoin can 10x from here it's mindboggling. Bitcoin will 100x effortlessly. Just off the back of Michael Sailor single handedly what what he is doing right now, tapping into digital credit with products like strc. He raised 8 and a half billion dollar worth of capital in nine months. Unprecedented, never been done before. And he puts all those proceeds into bitcoin. That's why he's the largest corporate holder in the world. So Larry Fink, if you're watching, go home Larry and get your shine box. Check this out. President Trump Secretary of defense Pete Heth said I am holding a bunch of bitcoin. I feel good. The entire government seems to be bitcoin holders if you're ask me. You know from Eric Trump, the whole entire Trump family, the congress folk, the defense folk, just in $5 trillion State street just bought over 145 million more worth of MSTR which is strategy. The largest financial giants are racing to buy bitcoin and a lot of them get their exposure either through strategies company like this MSTR or through the BlackRock IBIT Bitcoin ETF which is the most successful one. Also strive SATA bitcoin accumulation hits a new weekly all time high of 535bitcoin. The daily dividend effect is in full effect. You got massive accumulation occurring and you ain't Seen nothing yet. It's when the governments start stockpiling the bitcoin, I think is that's when things will really get interesting. Sailor tells CNBC Bitcoin's going up forever. Predicts it'll be worth 21 million per coin in 21 years with a 440 trillion dollar market cap. Send it, Michael. People that have a million dollar have had a million dollar target on bitcoin. You think it's just a matter of time? Oh, absolutely. Bitcoin's gone up forever, Joe. If it finally was completely stable and reflected what, 121 million, the end result, what would it reach? And, and I assume it just stay there. What, what, what price are we talking about? Have you done the math on that? Well, I think 21 years out, I don't know why it wouldn't be 21 million a coin. 21 million, of course, but there he heard it first. 21 million. It's going up forever, Joe. We got a new Michael Saylor quote. Now if I can only get Michael Saylor to say it's going up forever. JV I mean, I couldn't disagree with that now of the day. Jim Cramer said bitcoin has lost its luster and that it is not a real store of value. Look at this guy. And he slurs his words, by the way. I don't know if he's just naturally always drunk or on meds. I'm trying to figure it out. Robinhood reports people are starting to get unnerved by how closely aligned this stock is with the price of bitcoin. Even today's dramatic rebound, Bitcoin still feels like it's lost its luster. The precipitous decline of the cryptocurrency occurring at the same time as a weakening dollar calls into question whether it's a real storeholder value or even a hedge against inflation. We know nothing. This volume thing, we used to think it could be a currency. That's obviously not going to happen. It's a great speculative asset, I guess until it started plummeting. Me, I can't make this up. So preaching the same garbage nonsense as Mark Cuban in which we shared Cuban's clip yesterday. They must have the same script. They're reading to the public specifically to keep you poor. And that's why. Jimbo Kramer, you are retard. Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. Do you ever think about switching insurance companies to see if you can save some cash? Progressive makes it easy to see if you can save when you bundle your home and auto policies, try it@progressive.com Progressive Casualty Insurance Company and affiliates. Potential savings will vary. Not available in all states. Instacart makes grocery shopping easier, and just because you're not doing the shopping yourself doesn't mean you don't care how it's done. With Instacart Shopper notes, you can get particular about what you want right in the app. Like rotisserie chicken that's extra crispy steak with marbling the Romans would have loved, and lettuce you'd actually pick yourself. Just leave a note for your shopper so they can get it right for you without having to ask. That way you can get groceries just how you like. Download the Instacart app and shop Today of the day Luxembourg finance minister said he is confident other countries will follow them and buy bitcoin. And as Michael Saylor says, what's the second best? There is no second best. There's no second best crypto asset. We do not just promise, but we deliver. Our sovereign wealth fund investing 1% of its assets in Bitcoin is not an announcement to seek attention. It's already done. And while the fund's investment policy allows for an allocation in any crypto asset, it has chosen to invest only in bitcoin. Luxembourg bullish finance ministers, bullish countries, bullish governments, Bullish. Fix the money, fix the world. Sailor says we'll probably buy all the bitcoin produced by miners between here in the year 2140. And note there's less than 1 million more Bitcoin to be mined between now and then. They'd have roughly 8.6% of the entire Bitcoin supply in the hands of one company. And you already know he's not selling. Also want to shout out bring facts. He just got tatted up with this masterpiece by my homie Brandon Martin, who is hands down the greatest tattoo artist in all of El Salvador. So if anyone's in bitcoin country seeking an epic tattoo, reach out to Brandon Martin and you can get inked up as well. And this may be historic Guinness Book of Record because I don't think there's another bitcoin tattoo as large. Bring facts. As a large man, that takes up pretty much most of the back. I love that honey badger with the 3D effect going through the eye socket of the Federal Reserve. Let me know what you guys think of the tat. So as you can clearly see, Bitty fam, lots going on. There's a 107x gold accounting gap where we can use net neutral strategies to acquire massive amount of bitcoin. In this case $1.17 trillion worth without it costing US taxpayers a single dime. Seems like a no brainer to me. And if this passes, this is game on. This is the nation state game theory we've been preaching for years. And as Max Kaiser prophesies, the global hash war coming into fruition where governments around the world are not banning bitcoin, besides they can't. But they're stockpiling it because they don't want their enemies to get all the bitcoin. It's the only finite limited supply asset in existence. It's perfect. Money is pristine collateral. It's the perfect store value. And to top it off, it's unconfiscatable. You can't sanction it and that's why you have countries like Iran using it for the straight of Hormuz. It's a part of strategic infrastructure. We've come such a long ways. 1.17 trillion in paper gains if they hold the gold. Yeah, I say audit Fort Knox. Let's find out if it's really there. What if NASA was to start mining bitcoin instead of funding deep fake space exploration? Oh, their first bitcoin miner on the moon. Great question brother. What do you reply when the future powers that be say take the vaccine or we'll have an AI lock your cold storage wallet. Well they can't lock what doesn't exist, so be smart. Obviously if you keep your crypto on an exchange they can do that. They just be like yo, we'll lock you out of your exchange. We hit the freeze button just like tether USD T. The US government basically reached out to the tether team, said we got some terrorists on our hands, we need you to hit the freeze button. There's no freeze button with bitcoin self custody there's only freeze buttons. When you hold it on the exchange, it's centralized. Keep your bitcoin decentralized in a cold storage device and you shouldn't have to worry about the. Of course you can't short your dorks. You can't afford that. If the United states actually deploys $1.17 trillion towards Bitcoin, who moves next and what price does bitcoin hit when that race begins? And don't forget to check out bitcoinnewsalerts.net for the full premium experience with video and to participate in the live stream along with the Q A. And I look forward to seeing you on tomorrow's episode. Hoddle. Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. 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