Buying 1 million btc is absurd. But all the ETFs added together is close. I would bet that instead of the SBR passing in Congress, we get tariffs and a law that forces exporters that receive payment in sats to go through a government controlled fund as an intermediary. I'm just thinking about the path of least resistance. The government isn't going to give up power. They'll make a law granting themselves the right to use the btc in the etfs to fund operations, and then print dollars to give to etf holders when they dip into it. A soft 6102, which effectively pegs the dollar to btc at a depreciating rate. Thats the only course I've been able to think of that doesn't implode the empire and the dollar at the same time - which I think buying 1 mil btc would do.
Fiat brained etf holders won't understand they've been robbed. They might even think they got richer.
Obviously there's a lot of speculation in that, but I think the first step is very likely to happen : tariffs. Then, if the SBR also doesn't pass, then the rest is practically set in stone.
Should have been more precise - mstr isn't an ETF. But basically same same.