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Bitcoin’s Grip Tightens — CZ Says There’s “No Escape” from Crypto | Global News Avenue

Bitcoin’s Grip Tightens — CZ Says There’s “No Escape” from Crypto

This article is also available in Spanish.

A former cryptocurrency exchange supervisor noted Bitcoin This is an inevitable reality, and this statement has sparked discussions in the cryptocurrency community.

The comments by former Binance CEO Changpeng Zhao are in a reaction to the report, which is another U.S. country trying to establish a local version of the strategic Bitcoin protected area proposed by U.S. President Donald Trump.

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Bitcoin Reserve Bill

Proposal for establishing a U.S. strategy Bitcoin Reserves It’s gaining momentum as several U.S. states pass legislation aimed at building a local version of BTC reserves and building their cryptocurrency portfolio.

Satoshi Action Fund posted on its X account Montana Proposed Housing Act Number 420 attempting to create a local Bitcoin reserve has been passed.

“Montana’s strategic bitcoin reserve legislation has withdrawn from the committee and has held a House vote,” Satoshi Action Fund said.

On behalf of Curtis Schomer, sponsored BTC-related bills.

“Montana became the fourth state to withdraw SBR from the commission. Utah, Oklahoma, Arizona and Montana.

“Don’t escape”

With this development, CZ released his views on Montana legislation, which means Bitcoin has become an inevitable reality, while saying, “There is no choice.”

“You can buy Bitcoin before the U.S. government completes the purchase. Purchase.” CZ said in a post.

One crypto trader agrees with CZ that no one can avoid BTC. “The biggest buyer in history, or wait until nothing is there. If not, then not.”

Traders added that those who adopt BTC late stages will have to pay a premium for not taking action early.

BTC is now trading at $99,291. chart: TradingView

“Nation or individual. There is no escape…like, you can’t use the internet (or money).” CZ answered a crypto streamer, and he said other countries also think in the way Montana creates Bitcoin reserves.

BNB donation

In another article, CZ highlights the importance of crypto donations help others in disasters.

The former executive shared that his previous donations were returned to him along with other cryptocurrencies and described it as something unexpected.

Previously, CZ gave crypto investors $100,000 of $100,000 Libra Coins are digital assets briefly promoted by Argentina President Javier Milei.

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CZ says he sent it BNB To a college student, he added $50,000 to help the victims. He believes the student may have made a good profit on BNB and decided to return the cryptocurrency to CZ at a greater value.

Featured images of Finans, charts of TradingView

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