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
Like someone already used gold as an example of federal Reserve and it caused the price of gold to spike, it's already an evidence that once all the countries starts to adopt Bitcoin or once they make it a federal reserve, Bitcoin price will go to the moon beyond the expectations of so many people. If maybe we are supposed to get to $250k in next bull market, we could then see double of that price after these countries accumulate a large amount of Bitcoin as a reserve.