🚀 CZECH NATIONAL BANK GOVERNOR CONSIDERS BITCOIN INVESTMENT

Mr. Aleš Michl, Governor of the Czech National Bank (CNB), has opened the possibility of including Bitcoin in the bank's foreign exchange reserves. This plan has not yet been approved; Michl revealed to CNN Prima News that he is proposing the CNB to hold "a few Bitcoins" to serve the goal of diversification, although this investment will be insignificant. The plan needs approval from the Bank Council, while the CNB is currently prioritizing increasing gold reserves to 5% of total assets by 2028.

⭐ Bitcoin - Potential Reserve Asset

🟢 Bitcoin is highly regarded due to a 131% growth over the past year, surpassing gold (30%).

🟢 The Czech Republic will exempt capital gains tax for Bitcoin held over 3 years starting from 01/01/2025, with some terms applying retroactively.

⭐ Global Trends and in the U.S.

🟢 In the U.S., Bitcoin is being seen as a strategic savings tool.

🟢 The Bitcoin Act has received support from President Donald Trump and several states like Pennsylvania, Texas, and Ohio.

🟢 If passed, Bitcoin could become a national reserve asset, with its value potentially exceeding 1 million USD according to predictions.

⭐ Risks of Bitcoin

🟢 Bitcoin has high potential but significant price volatility could destabilize national reserves.