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
Yes this is a main thing right now. If more countries are holding bitcoin right now, it's gonna be feel more bullish and btc will show its potential more. It will continue to push the narrative of making it as a digital gold and a proof that it's really legitimate. Even major institutions gonna try to ride the hype train like what microstrategy is doing right now, this is a steppingstone for global adaptation. If small countries started to do the same thing, it's gonna be a fomo effect since no one wants to get left behind.