Post
Topic
Board Economics
Re: Bitcoin Legal Tender in Central African Republic
by
hafiztalha
on 04/07/2025, 19:11:24 UTC
anything new ?
Nations, states, and even companies are now moving to the strategic reserve plan. Ever since Trump announced it, it has been so popular. Many countries now have a pressing plan on the table, and a few have even passed it in their parliament and have started to actualise it. This is what I believe would gain more traction rather than the legal tender, as people/countries like to follow the steps of the US.

So far, only a handful of states in the US have bitcoin reserves, the rest are still under review. Large and small institutions around the world are also actively adding bitcoin to their reserves, but not many countries have or are considering the idea, including the United States.

So far, only two countries, El Salvador and Bhutan, have officially included bitcoin in their national reserves. The rest is just rumors, proposals, ideas from congressmen, lawmakers...no central bank or government has mentioned or intended to add bitcoin to their national reserves yet.
I don't know what you want your reply to achieve, because it is not a debate about how many countries are opting in for the strategic reserve, but how they subscribed to the idea more than the legal tender. That's actually what my reply to the OP is all about. And if you count by countries and states today, you would still count tens of them that have started and are in progress in making it start as soon as possible. Can you say the same of legal tender? That's the gist of my post.
Bitcoin is best cryptocurrency and that is looking like best investment in every country but still many governments don't want trading of that but that is not good for the economy of country because that is best opportunity for the people who are living in that kind of country. People want to be rich and that is best option to invest in . Government should read about BTC because if they will read about BTC then they will be impressed by that because we are watching that currency on online platform and millions are giving positive review about that and they are taking calculated risks and they are becoming rich in future.Government strategy about bother people because government can apply high taxation on cryptocurrency holder and that could be worse for them