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    Author Topic: Strategic Bitcoin Reserve threads  (Read 623 times)
    Callido
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    January 17, 2025, 02:55:12 PM
     #21

    Do we want so many countries to have BTC strategic reserves? Is it actually a good thing if nearly every country has a BTC strategic reserve. I have been thinking about that, i know that it will pump the price of BTC, but doesn't it mean that centralized governments will be controlling a large percent of BTC and it gives them the 'power' to manipulate the price.
    All governments cannot be the same, there will be those to manipulate the price of Bitcoin same with those who wouldn't try something like that, definitely will be a balance between both sides.

    Even if governments should take Bitcoin as reserves and tries to manipulate it's volatility, the worst is having a big fall which is temporal and actively the government can not hold the bigger percentage of Bitcoin circulated, individuals and whales can also contribute to the market positively after the governments must have manipulated the price to slash heavily.

    R


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