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
Taiwan, Arizona, Metaplanet, Oklahoma city etc Very harmonious Bitcoin Reserve Bill has been launched. And very soon, about seven hundred mega institutions from different countries of the world will invest in Bitcoin. However, not without praising El Salvador, but because of El Salvador, many countries have now chosen Bitcoin as a reserve. Bitcoin is currently in the fifth best position and it won't take long for it to overtake Nvidia, Microsoft, and Apple. However, only time will tell whether it can take over the gold market.