CZ predicts the beginning of a new phase in the adoption of bitcoin at the state level
In his opinion, states will soon begin to compete with each other for the accumulation of bitcoin as a strategic reserve, which could ultimately lead to unprecedented growth in demand for the cryptocurrency.
Already, 62 public companies have included bitcoin in the strategy of their treasuries, which has led to the cryptocurrency increasingly being recognized and integrated into traditional financial systems.
Private companies are also actively incorporating bitcoin into their strategies, with their number, according to River, numbering in the thousands.
Many companies see bitcoin as an opportunity to reduce operational costs, increase liquidity, and diversify investment portfolios. Some even consider using bitcoin as a payment method for customers.
