Post
Topic
Board Economics
Re: Philippine House has introduced a bill to establish a strategic bitcoin reserve.
by
free-bit.co.in
on 08/09/2025, 13:53:54 UTC

Yes, Bitcoin did not start to be recognized so much at first, countries have been showing interest in Bitcoin since El Salvador. We can definitely say that we will see better news for Bitcoin in the future, maybe more developed countries will accept Bitcoin and it will look more attractive. Currently, different countries are increasing their reserves by buying Bitcoin, while all other countries will compete to keep Bitcoin in stock in the future. The popularity of Bitcoin is constantly attracting more people, especially the way different countries are trusting Bitcoin. In the future, the demand for Bitcoin will increase and its popularity will increase further, and the price of Bitcoin will go to a higher position.

I don't deny that bitcoin's growth and popularity is growing rapidly but we need to be realistic. So far, no country has a strategic bitcoin reserve except El Salvador. All are just ideas, initiatives of some National Assembly members, or some have been submitted to the National Assembly for discussion and listening like the Philippines. As of September 8, 2025, no country has officially held a strategic bitcoin reserve, nor has any country increased its bitcoin purchases except El Salvador.