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BTC VS GOLD
Bitcoin Vs. Gold: The New Era Of Reserve Assets
Recent developments indicate a growing trend among nations considering Bitcoin as part of their financial strategy. El Salvador’s audacious decision in 2021 to adopt Bitcoin as legal tender and establish a national Bitcoin reserve ignited a global debate on the future of reserve assets. As of December 2024, the government holds approximately 5,944 bitcoins, valued at over $560 million, aiming to leverage Bitcoin's potential to strengthen its economy. Meanwhile, legislators in Brazil have introduced a bill to create a Sovereign Strategic Bitcoin Reserve (RESBit), proposing to allocate up to 5% of Brazil’s international reserves to Bitcoin.