Post
Topic
Board Economics
Re: Everything you wanted to know about Bitcoin Strategic Reserve.
by
MainIbem
on 19/12/2024, 09:53:28 UTC
https://www.cryptotimes.io/2024/12/17/eu-mp-sarah-knafo-warns-of-digital-euro-promotes-bitcoin/

Another been outspoken about the dangers of totalitarianism and limitations(against Inflation) of the CBDC

More members are starting to wake up from the totalitarian central bank system we've had so far, because now they recognize there is an alternative.
That's the thing with unions like this
I bet before they come to a mutual agreement many countries might have gone against the indecisiveness of the union or they would all be left behind.
Government doesn't go hand to hand with giving freedom
So won't be surprised if they take their time.

At this point, the Government has no choice than to do the needful, Bitcoin as an asset class would ensure that cause many governments are beginning to see the potential of Bitcoin when it comes to nation building, they've seen how well it could help improve their economy if only they can buy and reserve for the future therefore, that's why several government are beginning to copy what El-Salvador did with the coin and directly or indirectly they'll be forced to give in to financial freedom in the near future, embracing Bitcoin alone would ensure that. The Banking system is failing and several governments would turn to their Bitcoin reserve to back up their fiat and also as a hedge to inflation and i believe that with time, Bitcoin would be widely used for carrying out transactions around the globe when all the major economys jump in. Their are more better days ahead it's just a matter of time.