Post
Topic
Board Economics
Re: Philippine House has introduced a bill to establish a strategic bitcoin reserve.
by
STT
on 03/09/2025, 02:03:21 UTC
I guess it matters as a precedent but Im more interested if Norway did the same thing because they have gigantic foreign reserves spare to invest.   Instead of a national debt, the country has gigantic wealth so their reserves would be considerable if directed towards Bitcoin.
   I believe Norway has about a fund of 1 trillion and the country is 5 million people pretty small but with alot of oil so they saved it with the idea the commodity wealth wont last forever and it must be invested; possibly the best government fiscal policy in the world.   
  Philippines also great they would do this but few countries have alot of spare resources to invest, mostly we are all trading back and forth debt and relying on trade alot.