We are still waiting for a Bitcoin Reserve to be implemented in the United States, but while waiting, it might be that other countries open their eyes for this gigantic opportunity of buying a token, a crypto, that increases its value over time, instead of being inflated like all other currencies.
You can find the article from the Financial Times here.
Yesterday the head of the Czech Central Bank said that he would like the country to use several billion Euros at buying Bitcoin in order to create a Strategic Bitcoin Reserve in the country. Of course, that can be heavily debated, but he said that he likes profitability, which means he likes owning something that turns more valuable, instead of losing value. That sounds like common sense, doesn't it?
And then came Senator Cynthia Lummis in the United States and quoted this all on Twitter, urging the United States to take action and get started with their own Bitcoin Reserve as quickly as possible.
So the question then remains... are you buying Bitcoin before or after the countries of the world start to invest in the currency? It might seem slow now and no big miracle has happened since Trump entered the White House, but still... I believe it is only a matter of time, and you better embrace it now, because it will be even more painful to buy Bitcoin at $200,000 compared to buying it now at $100,000. Just like it is painful that I didn't buy Bitcoin at $600 when I first actually considered buying the currency.
So, what are you doing with Bitcoin? And do you think the Czech Republic and the central bank will be risk-takers enough to actually invest in Bitcoin? Or will they chicken out and behave like all other "normal" countries?
!HUG
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