Quote from: Iranus on March 27, 2025, 08:43:53 AM

Quote from: Wind_FURY on March 27, 2025, 06:22:10 AM

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Few countries are serious about using Bitcoin as reserve, but this may change in the next ten years, especially with the increasing interest in Bitcoin ETFs. I would project that Bitcoin could be at par with gold in the 20 to 30 years due to increasing affinity to digital technology.

"May change"? It WILL change, and the nation-states will never admit it, but in the next ten years, nation-states will sell Gold to purchase Bitcoin.

I won't predict the future (10 years or 20 years) because that is beyond our ability but with what is happening now, I am pretty sure that it will not happen in the near future.

For countries, holding gold is a backup plan for the economy in case of a major crisis and gold has been recognized as the world's safest haven for thousands of years. Meanwhile, bitcoin has not escaped the label of a speculative asset and is often dumped whenever the economy is in turmoil. And what governments are looking for is a safe haven rather than a speculative asset. How can the government sell gold to buy bitcoin?

The goals of retail investors and central banks are not the same, they do not need a volatile asset, we should accept that fact.

You're probably right, but the CURRENT situation that's happening TODAY is the United States has already started a movement through their Strategic Bitcoin Reserve agenda. It may not show in the price of Bitcoin now, but the most powerful nation-state in the world HODLing Bitcoin? BULLISH!

Other nation-states will follow, or have followed, OR have started a plan BEFORE the United States. A Russian minister has already talked about Bitcoin publicly saying that if Russia uses Bitcoin "who can stop those transactions"?