Post
Topic
Board Economics
Re: Bitcoin is a tool of financial power.
by
BITCOIN4X
on 25/05/2025, 15:44:54 UTC
~Snip
Any government should be aware enough to continue to utilize Bitcoin because Bitcoin can always run with its own system without having to interfere with third parties. And the government itself also does not have to forget fiat as a currency that still has a foundation of public trust so that in addition to being able to continue using fiat every day, the government can also budget funds to buy Bitcoin or use their own personal money to buy Bitcoin. Because when a leader has put his interest in Bitcoin, it will definitely have a greater effect on most of his people to do the same.
Government involvement in bitcoin investment is basically a strategic step to improve state finances. Some countries may have done this several years ago, but there are still many other countries that are starting to consider the same steps.  In the last few months, Indonesia is also considering strategic steps to invest in bitcoin. If this is really realized, then bitcoin will really become increasingly popular in Indonesia.

Several western countries including America have expressed interest in making bitcoin a state reserve asset. Their approach to bitcoin has pros and cons which in turn causes the market to swing wildly, but in the long term, bitcoin is still an investment asset worth holding.