With Bitcoin's surge, those who are eager to establish national reserves are on the move.
As Bitcoin's price breaks through the $100,000 mark, are the countries holding substantial wealth also starting to take notice? It seems they do not want to miss this opportunity and are considering establishing national Bitcoin reserves to prepare for the future.
In the United States, Trump strongly supports Bitcoin. He has publicly expressed his intention to push the Federal Reserve to establish a strategic Bitcoin reserve and is promoting the "Bitcoin Bill," planning to purchase 200,000 Bitcoins each year for the next five years! This is quite a significant plan, showcasing Bitcoin's potential.
Brazil is also keeping pace, as the government has proposed a bill to include Bitcoin in the national reserves. By doing so, Brazil can better cope with exchange rate fluctuations and geopolitical risks, enhancing economic resilience.
In Poland, presidential candidate Stawomir Mentzen strongly supports building a Bitcoin reserve and hopes to make Poland a safe haven for cryptocurrencies through friendly laws and regulations! This idea is truly exciting.
Although there are internal disagreements in Russia, some lawmakers support the establishment of a Bitcoin reserve. Recently, Russia's stance on cryptocurrencies has gradually shifted to an open one, and the issue may be reconsidered in the future since the potential of digital assets cannot be underestimated!
Japan is not falling behind either, as legislator Akira Hamada has submitted a request for discussions to quickly begin on establishing a national Bitcoin reserve. It seems Japan is also ready to keep pace and act accordingly!
Seeing these countries taking action, are you, as an ordinary investor, feeling a bit excited too? If your country also starts to establish Bitcoin reserves, could you benefit from it?
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