Quote from: Richbased on Today at 04:30:41 PM

Quote from: nelson4lov on December 14, 2024, 10:18:43 PM

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Definitely, other allies of the United States of America will follow suit if bitcoin strategic reserved is established because since US is the world power, most countries will also like to be part of any decisions the US makes.

This is true. If anything, a FOMO cycle will kick in and it'd be a race for who would be able to to get as much bitcoin as possible. The perceived value of Bitcoin will be higher and countries will flock in to buy en masse.

Quote from: Richbased on Today at 04:30:41 PM

Having bitcoin as a national reserve currency will be very beneficial to any country that will adopt bitcoin, even if the results will be more visible in the long run. Anyone or country who sold bitcoins in the past don't need to regret much if they can buy back and hodl again, the future of bitcoin holds more greater achievements than what we see now.

Ask El Salvador how much they have made since they started buying bitcoin; several multiples in returns. Once 1st world countries start using that as. benchmark, the price will go full parabolic.

Quote from: DeFi Better on Today at 04:11:28 PM

I do not think this is what Satoshi had in mind, if he actually wanted to help common people.

When I first joined the forum, major of the discussions were around Bitcoin getting mass adoption but the untold truth at that time was that, we'd have to share bitcoin with the government. If we want mass adoption, we should be ready to pay the price. We literally pushed for a Bitcoin ETF for many years.

Same goal even though the goal post constantly changes.