Post
Topic
Board Economics
Re: Philippine House has introduced a bill to establish a strategic bitcoin reserve.
by
jaberwock
on 28/08/2025, 17:30:51 UTC
You're suffering from short-term thinking. Plus you probably don't understand the implications of nation-states purchasing Bitcoins to HODL in their vaults. - THAT means that, long-term, Bitcoin is on a path of price discovery that may surge and surpass Gold's total market value.

That might not "save" their economy, but having Bitcoin in their vaults should give them some economic benefits, no?
Yeah, long term means that we are going to do a lot better. It's true that sometimes we are not dealing with anything further at the moment. It should be true that if you could keep that then it's not that complicated, and you could make some great money.

I am pretty sure that we are going to end up with some great returns for strategic reserve as long as they just seize and hold, they don't even have to end up buy more because that is going to end up with a lot more in the future. I am sure that it is not going to be that complicated because it's simple, you could just make sure that you handle it very well. It's not that hard, just seize whatever criminal money there is and do as well as you can in the future.