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Topic: Franklin Templeton Predict Global Adoption of Strategic Bitcoin Reserves in 2025 (Read 223 times)

hero member
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You have forgotten the states in the USA that plan to make a bitcoin reserve, apart from that of the US government. From the article quoted by the OP:
oops, thanks for adding it as I did not mean to exclude it purposely, I forgot. There must be many other countries or governments showing interest to add BTC in their national reserve than these 7. So, that's why I said we must create a topic where we should make a list of them all or maybe we should wait for a little more until we have more countries on the list.

If Texas were an independent country, it would be the eighth largest economy in the world, so the creation of a reserve by the state is no small matter.
If anything Franklin Tempelton is predicting what everyone already knows. You only have to keep an eye on the news.
You are right, if something big like this happens then we are seeing big pump in the market.

Edit: I just read the whole source link again, as previously I did not read before making my first reply, I simply share what I knew about the adoption but now I am surprised the article also covered the same countries hehe, just the one I missed, which you mentioned. 
hero member
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We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/
It is too early to talk about Bitcoin adoption because at the moment, not too many people are aware of Bitcoin. The best that can happen this year is various governments studying Bitcoin and the possibilities of making it a reserve currency. This will give birthday to the adoption of Bitcoin by many countries and eventually at the mainstream.  The moment the big economies give a thumbs up to Bitcoin, the rest of the world will join.
legendary
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It is an unnecessary thing to worry about but it is not surprising seen this coming up now I just feel people need something to use as FUD and this is what they hold on to now. Satoshi has one million in his possession as they stated but I ask we have extra 18 million in circulation why the scare for something like that. We all know this pseudonymous satoshi wouldn’t just dump people and it is confirmed right by how decentralized the circulation of entire bitcoin is done. So I think this is needlesss FUD once more

This has always been and still is just a guess - so while it is undeniable that Satoshi was the first who simply had to mine to get BTC going, we cannot say with certainty that he mined 1 million or perhaps 500 000 BTC. Even in those early days there were about a dozen people who started mining, besides Hal Finney and some others, the guy James who lost his BTC on his hard drive claims to have been one of those early miners.

Even if Satoshi is alive, he knows that it is best for BTC and him personally to remain in the shadows. If he appeared in public, it would cause much more harm than good.



prediction?... how about FT just used google

the BIS(bank of international settlements) have been discussing for years a regulation that allows countries reserves to invest in crypto, upto a level of 2% buy-in of reserve value and having to sell when crypto value gets to 5% of reserve value

its no secret if you just learn to google, and definitely not a prophecy or a prediction from some magical guess

the draft: (from jan 2025 countries have to declare, audit and report their crypto holdings)
https://www.bis.org/bcbs/publ/d556.htm

the member countries of the BIS:
https://www.bis.org/about/member_cb.htm

64 countries wanting the opportunity from jan 2025

..oh and before anyone suggests something stupid.. no, trump didnt invent the idea


Maybe you should open a new topic and try to explain to people what you've already written so many times - because as is usually the case, some of the forum members may not understand what this is about - and the rest simply don't care.
hero member
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2025 is not too early, I feel that government in some countries are even beginning to have FOMO owning to the fact that the moment US government pass the law for Bitcoin as federal reserve, they don't know what to expect of price, so they will probably want to catch up on time too and what if it even leads to a situation that each country will want to have more Bitcoin than the other. Am just saying tho, but we can not really be right about what might happen next.
hero member
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We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/

We got from the "governments hating Bitcoin" stage to the "governments buying Bitcoin" stage way too fast. I don't know what changed in the last 2 or 3 years. I'm still skeptical about the "Strategic Bitcoin reserve" thing. It sounds too good to be true. I don't think that this idea will gather enough support in the Republican party, so that such bill could be approved by the US Congress. Maybe this Templeton guy has some insider information about the subject, who knows. I think that he is speculating and trying to boost optimism with such predictions. My prediction is for a bearish BTC market at the summer and fall of 2025.
legendary
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These 5 countries if we include El salvdaor, 6 countries is just a start we should make a list of them.

You have forgotten the states in the USA that plan to make a bitcoin reserve, apart from that of the US government. From the article quoted by the OP:

Quote
In December, Texas Representative Giovanni Capriglione introduced the Texas Strategic Bitcoin Reserve Act, which proposes that the state comptroller hold Bitcoin as a reserve asset for at least five years.

Pennsylvania took a similar step in November, with Representative Mike Cabell proposing a bill to allow its treasury to allocate up to 10% of its balance sheet in Bitcoin, citing the asset’s potential to hedge against economic uncertainty.

If Texas were an independent country, it would be the eighth largest economy in the world, so the creation of a reserve by the state is no small matter.

If anything Franklin Tempelton is predicting what everyone already knows. You only have to keep an eye on the news.
hero member
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We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/
I can't agree more with you, as many countries recenlty has showed their interest to add BTC in their reserve the first and the most impacted nation is USA as if they will adopt BTC as their reserve then the path for other countries will be streamlined and they won't hesitate to adopt it. The second is Hong Kong and they really making exceptional progress in the field of crypto while knowing as the second nation of China and I wonder if China make a come back.

The 3rd one is Germany's FDP is making a proposal in the elections to make BTC the reserve and if that happens which I doubt will then once again I will mention as two of my last topics said, they made mistake selling those 50k BTC hehe.

Poland's presidential candidate back in Nov showed interest to add BTC in the national reserve and recently I heard the news that Switzerland is also urging central bank to add the BTC in their national reserve. These 5 countries if we include El salvdaor, 6 countries is just a start we should make a list of them.
legendary
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IMO the FED will do what it can to slow down the adoption of bitcoin, but on one hand we have Trump and Black Rock and on the other big banks and the FED, so both sides have almost unlimited resources.
Have you heard what Powell said when asked if he'd resign if Trump told him to? He said no, so he does not recognize the president's authority.
Just listen to what these people are saying and you'll see what their allegiance is.
hero member
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We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/

We have seen some countries as well already having this thoughts of making BTC as their national reserve, not just countries but big corporate companies too wanted it in their balance sheet. I do not think it's too early though, for me it's going to be a race between superpowers as who will start it, USA, Russia and China are already into it.

Of course the price is going to skyrocket this 2025, we are all anticipating that it could be between $150k-$180k or even higher. But there could be impact on the economy, I mean are you willing to spend it? Anyone though thinks that it will create or increased wealth inequality? I mean there are rich people that can simply buy more making them even more wealthy, while the rest of us can only buy in sats?
legendary
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This is pretty big news coming from a firm as respected as they are. I’m not sure that I see it coming in 2025 or really at all to be honest, but just the fact that they are talking about it and considering it or at least talking about how it’s been considered is pretty incredible.

I think Donald Trump talked a good bit about this, but I’m not sure. I believe he’s gonna keep all his promises when it comes to cryptocurrency.
sr. member
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It looks too early but you never can tell what can happen. Aside the US, I have only heard of news from China a legislator proposed adopting bitcoin as a strategic reserve.

All this consideration would have started from during the us election and I noticed something the moment one countries start picking intrest and if china is picking intrest then that is actually going to be a good one because we need more than that to influence the price of bitcoin and for US to be comsider to make it a reserve currency makes a lot of sense.

Quote
The first country now to adopt it has an advantage of it increasing their wealth relative to other countries. El Salvador is an example. On the other side it will force all countries to consider this decision or risk being left behind. We know no one likes to be left behind in this aside the countries that feed off of aids from other countries. For individual holders like me, I also get to benefit from this adoption by more countries as owning and using it will keep getting easier over time.

And what El Salvador did is something a lot of countries will be jealous about because of the kind of profit they have made and when they were investing I know they will be people that will try to discourage them not to invest in bitcoin because there are people that don't really want to people to invest just because of what ever reason, and they stood there ground and now the profit is massive and we are going to be doing what they are doing which is to continue investing. And other countries will  start having the same plan, aside the country a lot of individuals want to invest more.
legendary
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prediction?... how about FT just used google

the BIS(bank of international settlements) have been discussing for years a regulation that allows countries reserves to invest in crypto, upto a level of 2% buy-in of reserve value and having to sell when crypto value gets to 5% of reserve value

its no secret if you just learn to google, and definitely not a prophecy or a prediction from some magical guess

the draft: (from jan 2025 countries have to declare, audit and report their crypto holdings)
https://www.bis.org/bcbs/publ/d556.htm

the member countries of the BIS:
https://www.bis.org/about/member_cb.htm

64 countries wanting the opportunity from jan 2025

..oh and before anyone suggests something stupid.. no, trump didnt invent the idea
legendary
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We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/

The adoption of Bitcoin as a strategic reserve by other nations will be mainly determined by what comes out of Donald Trump's promise. Many nations see the US as a role model and tend to copy what they do. If Bitcoin starts the process of making Bitcoin a reserve currency, others will join the bandwagon. If he fails to do that, the process of adopting Bitcoin as a reserve will be slow but steady. Bitcoin can hit $200,000 if the US and other nations start hodling Bitcoin. But nothing is certain all we can do is to speculate.
legendary
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If coins of Satoshi Nakamoto are vulnerable to quantum computers, our coins are not safe too.
At the point in time when quantum computers will actually be a threat, we will have long switched to a quantum safe algorithm for signature verification. But, Satoshi's coins will either move due to him still being alive, or they won't ever move from him, and therefore they can be claimed by quantum computers (and be moved to quantum safe addresses, later).
hero member
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$200k in 2025 isn't too early. The $100k that hit early this month was quite early if that's what we are saying. Because the $100k should have been hit by 2025 and that's why aiming for a double or 2x isn't a lot. Although with the understanding that we have, $200k is quite hard to reach if we'd think about it. But the market isn't limited to what we have right now, there is only one way where it is going and that's to be going up so $200k is just another stop that we'll hit while we see Bitcoin goes to the ceiling.
legendary
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A few countries will probably adopt BTC as a strategic reserve in their country, but i am not sure of a global adoption in 2025, because when he says 'global', i am sure he means there are going to be so many countries that will make BTC a strategic reserve, i don't believe that will happen next year. I know that next year has a positive and interesting outlook for BTC, but i prefer to be realistic in what i expect, that has always helped.
full member
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These coins will sooner or later become vulnerable to quantum computers. You should already expect them to be available into the market, at any point. And it doesn't matter if they become available. Even if he owns 1M coins, that's still around 4% of the money supply. To put it into perspective, the money supply of the US dollar expanded by 10 Nakamotos between 2020 and 2022.
If coins of Satoshi Nakamoto are vulnerable to quantum computers, our coins are not safe too. I don't fear about future that my Bitcoin private key can be brute forced by quantum computers, and I have no fear about coins of Satoshi Nakamoto, whether these coins are lost, kept safely now or will be brute forced and stolen in future.

Fiat currencies like the US dollar have very high inflation rate, unstoppable with time, and their purchasing powers decrease over time like this.
Purchasing Power of the U.S. Dollar Over Time
legendary
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Farewell, Leo
Bitcoin is still relatively new and there is a risk that Satoshi Nakamoto might appear at any time and no one can predict what kind of effect it will have over the Bitcoin price and market cap.
These coins will sooner or later become vulnerable to quantum computers. You should already expect them to be available into the market, at any point. And it doesn't matter if they become available. Even if he owns 1M coins, that's still around 4% of the money supply. To put it into perspective, the money supply of the US dollar expanded by 10 Nakamotos between 2020 and 2022.
sr. member
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Idea from Franklin Templeton that countries will start using bitcoin as kind of emergency savings in 2025 is very interesting. If this really happens it could make price of bitcoin go up much and it could even reach $200000. Even though 2025 might seem too soon for something as big as this to happen governments usually take long time to put new ideas into action. It is possible that governments will finally start using bitcoin as kind of  emergency savings and this could have very big effect on how valuable bitcoin is.
legendary
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I doubt it will happen in 2025 as far as the US is concerned. At most, Trump might be able to stop further selling of whatever Bitcoin holdings left with them, but the strategic reserve thing if really pushed might first hurdle legal obstacles before finally taking place. If this happens, however, $200,000 is a moderate estimate. The FOMO will certainly be aggressive.

But even now, I suspect the rumors are true that there are already countries that are silently investing in Bitcoin.
sr. member
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We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.


I proposal for this might get heated next year for most top countries, but one thing is the implementation which to me even if it should be next year will be late in the year like the last quarter because we all know how government take more time implement proposals like this due to various channels that it must go through its reading, the spot ETF approval process showed a glimpse of this


Do you think that's the biggest risk for BTC? Although no one can completely rule out the possibility that this person or persons will appear in public, after all these years I doubt that whoever is behind the pseudonym Satoshi Nakamoto has any bad intentions, least of all the one that people fear the most - that he might sell the approximately 1 million BTC that he allegedly mined.

Even if Satoshi were to appear, I think he would donate his BTC to various charities or individuals he believes contributed to the development of BTC. Therefore, I do not see its possible appearance as a danger, but people are obviously very worried about this issue, although they really shouldn't be.

It is an unnecessary thing to worry about but it is not surprising seen this coming up now I just feel people need something to use as FUD and this is what they hold on to now. Satoshi has one million in his possession as they stated but I ask we have extra 18 million in circulation why the scare for something like that. We all know this pseudonymous satoshi wouldn’t just dump people and it is confirmed right by how decentralized the circulation of entire bitcoin is done. So I think this is needlesss FUD once more
sr. member
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First of all, saying it will start next year is wrong because it has already begun, even though its on a very small scale by small countries. Bhutan and El Salvador have Bitcoin reserves. As at November I read that Bhutan holds bitcoin worth $1.1billion, so I don't think its fair for the bitcoin community to neglet these countries who are actually true believer when talking about this.

This is not a prediction that should come as a surprise. Many people already believe that next year more countries will welcome the idea of a bitcoin reserve. I don't belive that though because decisions like this have to pass through so many different channels. Especially not the US. Lets not get ahead of ourselves with Trump's "love" for bitcoin. At most, only about 2 countries if any will have a bitcoin reserve next year.
legendary
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2025 is too early for global adoption. Bitcoin is still relatively new and there is a risk that Satoshi Nakamoto might appear at any time and no one can predict what kind of effect it will have over the Bitcoin price and market cap.
Maybe in the next 4-5 years, there will be a significant adoption globally.


Do you think that's the biggest risk for BTC? Although no one can completely rule out the possibility that this person or persons will appear in public, after all these years I doubt that whoever is behind the pseudonym Satoshi Nakamoto has any bad intentions, least of all the one that people fear the most - that he might sell the approximately 1 million BTC that he allegedly mined.

Even if Satoshi were to appear, I think he would donate his BTC to various charities or individuals he believes contributed to the development of BTC. Therefore, I do not see its possible appearance as a danger, but people are obviously very worried about this issue, although they really shouldn't be.
hero member
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We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/
I think that Spot Bitcoin ETF approval already means the readiness for adoption of strategic Bitcoin reserves. I think that El Salvador was a country that risked it and other countries were watching at it. After El Salvador, probably other small and poor countries will create strategic Bitcoin reserves but I think that unless Trump does something crazy, it will take a few more years till powerful nations create a strategic Bitcoin reserves.

2025 is too early for global adoption. Bitcoin is still relatively new and there is a risk that Satoshi Nakamoto might appear at any time and no one can predict what kind of effect it will have over the Bitcoin price and market cap.
Maybe in the next 4-5 years, there will be a significant adoption globally.
hero member
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It looks too early but you never can tell what can happen. Aside the US, I have only heard of news from China a legislator proposed adopting bitcoin as a strategic reserve.

The first country now to adopt it has an advantage of it increasing their wealth relative to other countries. El Salvador is an example. On the other side it will force all countries to consider this decision or risk being left behind. We know no one likes to be left behind in this aside the countries that feed off of aids from other countries. For individual holders like me, I also get to benefit from this adoption by more countries as owning and using it will keep getting easier over time.

legendary
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We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/
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