I think it will be big news if ever the US or the Trump administration will get the Bitcoin Reserve rolling. Because I'm seeing that there are more countries who are just keeping a low key with regards to this plan of the US.

But if this is going to be approved, I'm seeing a lot of countries who are going to follow the lead of the US, it will be a avalanche of small countries who will get their hands on Bitcoin as their option for a national reserve.

Worth noting though that El Salvador is ahead of the game already. And so is Bhutan, although not directly making Bitcoin in their reserves, but them being one of the biggest in terms of mining, they have taken advantage of Bitcoin already.


https://cointelegraph.com/news/bhutan-government-sells-66m-bitcoin-stash-price-tops-71k

There is also this article about nations on their stance on it,



https://cointelegraph.com/news/bitcoin-reserves-interest-rising

There's a long way to go though, I would agree that all eyes is on the Americans here. If Trump can make FED accept it, it will definitely have the domino effects on those aforementioned country and for sure most of them are going to accept it and see Bitcoin as a reserve and a hedge against inflation.

Maybe if US is going to print a lot of money, then who knows, those money might go on it's Bitcoin reserve.

So for now, it's really complex and it depends on the broader U.S. financial policy frameworks.

I read the news that Oklahoma has declared strategic reserve bill for bitcoin. This is a great news for the future of bitcoin in terms of its adoption and mainstream use.

If the governments and the politicians running them are into bitcoin in this manner, in the next few months things can change drastically making bitcoin an extremely bullish sector.

Maybe in future the dream of being able to spend bitcoin seamlessly on POS machines on the local grocery stores and online e-commerce will finally be realized.

I hope that other countries follow suit as well.

Oklahoma, Texas, you name it. I also heard something about Florida.
The Reserves Renaissance is happening 

Whoever made that image should really consider swapping the colors used for the land and the ocean, because I was staring at that map for a few seconds trying to make sense of it and wondering why do all the countries look funny  but it turned out I was just looking at oceans.


It's going to be send shockwaves if he does manage to do it and everyone's going to want to copy him.

Basically governments don't like Bitcoin and don't want to make it as their national reserves, because it affects their fiat currencies or CBDCs. It can be a snowball with small countries want to try like El Salvador, Bhutan, then several big countries want to try. After several years, the snowball starts with many countries and it becomes unstoppable, irreversible.

A payment method is only one of many use cases for Bitcoin. People can use Bitcoin with many use cases and they don't need to use their bitcoin in a same way. If they can access their bitcoin, make a transaction and there are miners to confirm it, there are many types of deal with Bitcoin as a middle mean to compete those deals financially.

The bullish case for Bitcoin is a book, with insightful information on Bitcoin, fundamentals to different bullish scenarios for it in future.

Different people will have different opinions, and our opinions will neither be wrong nor right. Because Bitcoin functions as a permissionless system that's open for EVERYONE, then we probably should be agnostic. What would it matter if the system was designed for our opinions not to matter?

Currently we are seeing many people taking Bitcoin reserves, which could be bullish news for Bitcoin. The upward trend in Bitcoin price that we have seen in the last year may be due to the effect that the acceptance of Bitcoin reserves is increasing day by day. At the moment, the United States is leading the way in terms of Bitcoin reserves, with several states in the country already accepting Bitcoin reserves. We probably saw in a tweet that a total of 8 states in that country have already accept Bitcoin reserves.

By the way OP, I already made a thread maybe you should link it here too, as there was also a thread discussing Bitcoin Reserve.

Donald Trump Confirms Bitcoin Reserve Plans

Spot Bitcoin ETF and Bitcoin Strategic reserve will drive Bitcoin to centralization. I have thought about the influence the government and big corporations will have over the market if they successfully grab some large chunk of the coin. But there is nothing you or I can do about it. You cannot stop people from selling them at a given price and there is no way to restrict the government from buying. We will just have to enjoy decentralization as long as it lasts until the market becomes under the control of these centralized institutions.

Strategic reserve is now a hot topic not just in the crypto industry but the global financial system. Well done OP for the compilation.

You're right, The government likes to control everything and Bitcoin isn't gonna be out the picture, since Bitcoin is anti-central control system of the government. They've used various avenues to try to bring it down, yet the true decentralization of Bitcoin has made this difficult for government to control Bitcoin totally, Therefore, the only option they've got to try to gain more control over Bitcoin is to adopt and buy large amount of Bitcoin, to be able to control the demand and supply side with pouring their Billions of dollars into the market and with some of their economic policies.

Lastly, Op there is no way that countries will sit and fold their hands and watch US go Bitcoin way without them following suit
A lot of them we aren't aware are just waiting on the sideline for the implementation of this strategic reserve to take a step.
The bottom line is that, it's in the advantage of early adopters of Bitcoin, while the government comes in to buy more millionaires will be printed without dependency on government and you and I are already benefiting.