Quote from: free-bit.co.in on Today at 01:53:54 PM

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.

Several reports from different countries about lawmakers proposing the establishment of Bitcoin reserve but none have taken the bold step of taking the bold step. Some States in the US, such as Ohio, Pennsylvania, and Wyoming, have passed the bill for the establishment of the reserve. But there has been no news of them buying Bitcoin. I guess some countries are waiting for the US to start stacking before they will start buying. Many of these nations see the US as a role model.

Quote from: btc_angela on September 06, 2025, 01:38:48 PM

Not yet, it just been passed as far as I know, so it might take some months to be even read in their chair. And they have a lot of problems right now, with the corruption in the flood control project.

Just remember though that the Philippines is not a big country, so in terms of its' military, small compare to other South east countries. And they have been bullied by the Chinese in the West Philippines Seas.

Anyhow, at least a good 10 years might be a bench mark if their government can keep up holding their Bitcoin as national reserve if ever this bill passes on the Congress.

The Philippines doesn't need to have a strong army to buy Bitcoin. China's dominance in that region cannot be a threat to the acquisition of Bitcoin. After Hong Kong, which, like Beijing, has influence over, has been enacting and implementing crypto-friendly laws.