With all that is happening with BTC adoption by countries, it is safe to say that they were simply waiting for the country that will take the first step, because immediately the U.S. approved a BTC strategic reserve, many other countries have done the same since then, or are planning to. I believe this is going to continue for a long time and make BTC stronger and more resistant to major dips in price in the long run.

Bitcoin is not yet an official US national reserve because it has not been recognized by Congress and the Federal Reserve.



The  difference between the US, India and countries like Pakistan and El Salvador is that they have bigger ,  better and more stable economies. It is quite normal for countries with good economies to want to invest or add bitcoin to their national reserves. But for countries with high public debt, inflation and economic difficulties, they have to borrow money from abroad to save their economies. Investing in bitcoin also needs to be considered carefully and lenders have the right to intervene or make demands as they need to ensure the debt can be recovered .

If investing in bitcoin can help the national economy succeed ,  why is El Salvador drowning in debt and in need of help?

Apart from countries that are competing against themselves technology wise and sometimes don't fancy the idea of going into a sector just because her rivals are in that sector, most other countries like to follow trend and that's one way bitcoin will stand to gain as more countries continues to adopt bitcoin.

Certainly, as the United state becomes more bullish about bitcoin, most nations that sees the united state as her idol will want to take after them and see that they are equally adopting bitcoin more and more. India has not been doing well in her economy and so it's necessary they align themselves with what stands to make them become not just technologically relevant but also relevant in terms of how they will be able to increase in their finances. Bitcoin has the potential of helping them in that sector so sector so certainly, that's a right move by Thier leadership.

The Indian economy is considered a booming economy and is one of the fastest growing economies in the world. They overtook the UK to become the 5th largest economy in 2022 and according to experts, they will overtake Germany in 2027 to become the 3rd largest economy in the world.
Domestic inflation was 2.8% as of May, the lowest since 2019, and poverty has also fallen sharply since 2011...With these numbers, I don't think their economy is in trouble and needs support.

By the way, how can bitcoin help the Indian economy if they add bitcoin to the national reserve? What benefits will bitcoin bring and what positive impact will it have on their economy?