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.
5 million of population is nothing to our country because we've got more than 100 million in population and it keeps growing due to the vast teenage pregnancy. To be honest, there's a lot of deliberation about our yearly budget and so sad that it's an hot issue that we're taking right now because of many corrupt officials that are summing up from billions of Philippine pesos to a trillion and that's a lot of money if converted into dollars. That's around $8 billion and likely 20% of our yearly budget only comes to fake ghost projects for flood controls and not naming the other ones yet in other sectors like health care, education, etc. So, this proposed strategic reserve is better where our taxes go.