Quote from: Stepstowealth on March 14, 2025, 11:31:14 PM

And then which country do you think will be the first to follow?

Since Donald Trump came up with the idea of the Bitcoin Reserve in the US, there have been some proposals from lawmakers in different countries for the establishment of the reserve.

Switzerland

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Swiss National Bank is considering adding bitcoin to its reserves alongside gold. A public referendum could soon make Switzerland the first nation to officially hold bitcoin as a reserve asset.

Germany

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In Germany, influential voices such as former Finance Minister Christian Lindner have suggested that the European Central Bank and the Bundesbank consider bitcoin to reduce reliance on the U.S. dollar.

Hong Kong

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Hong Kong legislator Wu Jiezhuang has advocated for integrating bitcoin into the city’s financial reserves, aiming to enhance economic resilience and stability.

Russia

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According to Finance Minister Anton Siluanov, Russia has begun using bitcoin and other digital currencies for international transactions as part of its strategy to bypass Western sanctions and reduce reliance on the U.S. dollar.

Brazil

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Brazil has introduced the sovereign strategic bitcoin reserve, also known as RESBit, which aims to allocate some of its international reserves to bitcoin.

Poland

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Poland Presidential candidate Sławomir Mentzen has proposed creating a reserve to transform Poland into a hub with favorable regulations, low taxes, and supportive engagement from banks and regulators.

Maybe any of them listed countries or more might follow. I guess some are waiting for the US to start accumulating before they join the moving train.

https://www.forbes.com/sites/digital-assets/2025/01/03/nations-states-turn-to-bitcoin-as-a-strategic-reserve-asset/