Recent reports suggest that many countries are actively considering holding Bitcoin as a reserve asset. If more nations pass legislation to officially own BTC reserves similar to El Salvador, we could see a significant surge in demand driven by government accumulation.
Just imagine if a majority of countries adopt this approach. The impact on Bitcoin’s demand and value could be enormous.
I’d love to hear your thoughts
There is a high possibility! Big corporates have already started hoarding up Bitcoins. Microstrategy has recently purchased Bitcoins worth a few hundred millions. Many global companies are doing the same. So I don't see a reason why a government wouldn't do the same! It makes sense and has a huge potential for the future. Everyone understands that!
If not reserve currency, But I definitely see Bitcoin being added in the government coffers. A progressive nation would do that sooner than later.