Accepting and transacting payments through Bitcoin is a huge step forward for the country. Accepting Bitcoin payments is the best way to move the country forward.


Source

I welcome this kind of Bitcoin purchase that Coinbase has sold Ethereum and bought in the current Bitcoin market. The right decision at the right time makes the future more financially independent, because there will be no profit in holding Ethereum coins, as long as you hold them, you can only get a small benefit and the possibility of losing may be high.
 Therefore, buying Bitcoin at this time, which is currently going on in the Bitcoin market, has made it more financially independent in the future.

You are correct As-Soon-As that accepting Bitcoin as a means of exchange or payment is the best way to move the country forward, Bitcoin is the best crypto coin in the world and is used and trusted by many countries citizens in the world.
Now there are things that any country that starts using Bitcoin as a means of payment can achieve which are.
1. Encourages Foreign Investment: a lot of people or over the world are into bitcoin investment or using Bitcoin and also making payments through Bitcoin to someone who is in another country is seen as the most easy method of payment transaction and so investors who knows that the country accept Bitcoin as a means of payment will flood that country because they can easily do business or invest in that country and make payments fast through Bitcoin.
2. Improves Cross-Border Trade: because Bitcoin allows fast, low-cost international payments people will always want to trade in that country that accept Bitcoin as a means of payment there by increasing there economy.

Wow, really amazing!
The difference between their holding value and average purchase price shows that they are making huge profits.
Will they continue to buy BTC at the same pace in the future, or will they also do some profit-taking if the price increases? 🤔

If their goal is not met, they may continue to buy and hold their holdings for the long term. When their portfolio doubles in value or the price of Bitcoin increases, they can withdraw some of their investment and enjoy it. Anyone can do this if they want. But withdrawing the entire amount is not a good idea.

You must notice the title, here we will discuss the Bitcoin Strategy Reserve of different countries. And we will discuss the real evidence of how to profit for a long time by holding Bitcoin and make the country economically self-sufficient in this topic.
Any other discussion can definitely divert the main discussion, so it is always better to be careful, for this reason, you are invited to read this topic more.

Indonesia's vice president's office considers adopting Bitcoin as a national reserve asset.

Bitcoin game theory is playing out

https://x.com/BTC_Archive/status/1952713524733513923?t=7RUvIenL0sLXQrzfmvz-yg&s=19

: 🇮🇹 Italian MP says it's inevitable that they will have to discuss establishing a Strategic Bitcoin Reserve.


Nations are wakening up to begin holding Bitcoin. Looks like the Italian authorities are drafting out plans to create a national Bitcoin reserve. Italian MP has made it clear that Italy is considering establishing a strategic Bitcoin reserve.

Source: https://www.bitgetapp.com/news/detail/12560604894003
They are really doing very well, they believe so much in Bitcoin and this may make the Japanese government to start thinking about having a Bitcoin reserve, one thing I believe is that the reason why some nations or state are now investing in Bitcoin is because of someone effort that was made to open there eyes on how important it is to invest in Bitcoin and with the kind of Bitcoin this Japanese Nail Salon is accumulating it may go viral and from their trigger the Japanese government to go into or have a bitcoin reserve.
And according to the news the Japanese nail salon chain Convano Inc has announced plans to hold 21,000 bitcoins by the end of March 2027, and aims to raise 2 billion yen (approximately 13.54 million US dollars) within August to acquire more bitcoin.
If they achieve this it will be a very great achievement and something they should celebrate very well I believe they can achieve it because they are very determine in there Bitcoin accumulation journey.