Post
Topic
Board Economics
Re: Philippine House has introduced a bill to establish a strategic bitcoin reserve.
by
YOSHIE
on 08/09/2025, 15:30:30 UTC
The new Bitcoin bill in the Philippines proposes to purchase 10,000 BTC for the national reserve.
If the Parliamentary or Parliament of the Philippines does it and the Draft Law of 10,000 BTC is approved, it is extraordinary and that this fantastic number will add to the list of Asian countries that are adopted by Bitcoin, at this time we only see Europe, The US who did that, I thought it would push the price of Bitcoin to be much more valuable than the current price, it could be that the price of Bitcoin will rise to the level of $ 500K in the future.

Let's imagine if there are some countries that do things like the Philippines, especially Asia, certainly no longer imagined the price of Bitcoin in the future, I think like the Philippines is a whale investor that can be relied on and trusted, of course if the law has been ratified, maybe they have a long term to sell it again.