Bullish but only if they agree to buy & actually do it. In recent months we’ve seen Microsoft & Amazon suggest buying Bitcoin to their shareholders & directors but not agreed to buy. It would be nice to get a really big news boost to stir up FOMO. Maybe this could be it although let’s not get our hopes up.

So many speculations and talks of interest in a BTC strategic reserve, but no action yet, it is obvious to all of us that the U.S. is most likely going to create a BTC strategic reserve sooner than the other countries that have showed interest in anyway through their public officials. Probably they are waiting for the U.S. to make the first move.

However, here is an unpopular opinion, is it actually a good thing if so many countries buy billions in BTC, yeah it will be massive for the price of BTC, but won't these centralized institutions have the power to manipulate the price of BTC in the future.

I've heard good stories about crypto-friendliness in the Czech Republic, but I think it's truly special for the Central Bank to be not just pro-crypto, but actually pro-Bitcoin. That's uncommon, as central banks often act as regulators, and they often oppose Bitcoin because it's not legal tender, and they don't want it to be. Billions of reserves isn't that much for a country (the article says they're talking about 5% of reserves), so I'm quite sure it's a risk this country can afford. This might set a positive precedent if they follow through with this.

US has begun the move already, So even though they have not passed the bill yet, This has opened doors for other countries to follow suit seeing the potentials that come with investing into Bitcoin, and we may be in the verge of seeing countries and their Central banks FOMO in immediately after US is set with their Bitcoin strategic reserve, and I kind of think this is why we haven't seen massive Bitcoin strategic reserve Central Bank applications from various countries. It could be that they're just waiting for the US to fully implement theirs.

I can only say one thing: God candle is around the corner!

This is how it's going to be in a few years. First they ignored it, then we got first country to go for it (El Salvador) then we got first company to use bitcoin as reserves, then ETFs launched, next the US is regulating it and talking about reserves and suddenly other countries see the opportunity.

I like this Czech banker. He thinks outside the box.

TBH I'm surprised we havent heard this before now and not just from the Czech
Republic. What I mean by that is wouldnt it make sense for a country to create its
own Bitcoin reserve but do it before the US government do it because the value
is only going to go one way and why would you wait for that to happen?

As Michael Saylor said if you keep putting your purchase off you get Bitcoin at
the price you deserve.

I still do think the US would be faster than him trying to push his ideas into motion, however - he is an interesting fella. Good luck to him!

Everybody has big and busty bureaucratic machines that wouldn't allow them to do it fast and steady.
But I don't see anyone doing it faster than the US. Especially if they want to take the lead in that regard and be the bulwark against CBDCs.

Possibly, we could be anticipating another pump in Bitcoin price if this proposal scales through because from the looks, since the US is trying to implement Bitcoin as their national reserve, other countries know and have seen what is to come as the financial economy is changing direction. I believe this is why the Czech central bank is planning ahead of time so they could be strategically positioned just like EL-Salvador who bought it long ago and are currently on profit just for the decision made by their president. Maybe the Czech central bank could be the next before the US implements using Bitcoin as their national reserve and this would see many nations joining the league of countries to accept or take Bitcoin as their national reserve and also making it an option of payment for services in their countries.