The new Bitcoin bill in the Philippines proposes to purchase 10,000 BTC for the national reserve. Here the government has taken a great step and proposed to invest in Bitcoin, and plans to keep Bitcoin as part of their assets in the national reserve.
Congratulations to Bitcoin, it wins again. Just as I've said a few times in the past, it's just the beginning, many more is coming where countries will be competing to have their stockpile of Bitcoin.
What I've seen with countries is that most of them are cowards, they just want a notable country to start it, they will surely follow. I knew it would be like this when the US started this Strategic Reserve policies, and here we are now.
It now needs countries to start sharing their positive experience on this reserve. Before you know it, FOMO will grab more countries, and you would hardly see a country that would want to be left out.