When the US government, through the Genius Act, made provisions for the establishment of a Bitcoin reserve, I was surprised. This was a currency that was associated with criminals, gamblers, and good-for-nothings. Now the most powerful nation in the world has made laws not to sell its Bitcoin and has also made laws to accumulate more.
El Salvador and the Central African Republic's decision to make Bitcoin legal tender also amazed me. I never thought that a time would come when countries would make Bitcoin legal tender.
Bro, the GENIUS Act was not about Bitcoin, it was about stablecoin law, while the Strategic Reserve came from a separate executive order, 14233, which is just an order, not a law. It means the president of the US has signed it, and after him, the next administration can change it. So it's temporary, but that's not what I am correcting. The major difference is you are mixing the GENIUS Act with this strategic executive order.
Speaking of the Central African Republic, bro, they did announce BTC as legal tender in 2022, but in 2023, due to pressure from the IMF, they reversed this decision. So it is not legal tender anymore.
