JUST IN: Head of Czech's central bank wants to buy billions in Bitcoin - page 3.

betswift

copper member

Activity: 280

Merit: 5

Quote from: ? on January 29, 2025, 02:37:48 AM

Well with fingers crossed we watch and prepare to experience one of the craziest rides of all time with btc, I don't think though that U.S will wait that long before coming to the fore with btc, I think they are trying to take their time to prepare,plan and maybe gradually adjust before any major moves considering the hug impact the move will cause on them and the entire crypto market

US are the closest ones to achieve said reserves for themselves, and I would be surprised if it would go otherwise.
And surely - lots of time ahead of us to see them acting up on their words.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: fikrett on January 29, 2025, 02:25:36 AM

The article itself is blocked due to the need to pay up for the info, but - I do think it won't be the case that the reserves would be implemented faster anywhere else other than in the US.

I have edited the original post and included archive link posted by "The bitcoin standard" author.

As for your second statement, then although the administration looks pro crypto, I'm not sure they have the proper advisors. There is a lot of talk about "digital assets" but almost nothing about "Bitcoin". Now yes, bitcoin is a digital asset, but it would be a loss if the U.S end up buying Bitcoin, XRP, and Solana for instance, instead of buying everything in Bitcoin cause what's the point of buying something that the other countries do not want?

?

Activity: -

Merit: -

Quote from: OmegaStarScream on January 29, 2025, 02:22:10 AM

So this article just came out. Apparently, the head of the Czech central bank is planning to suggest a plan to the board to buy billions of euros in bitcoin...
More can be found here: https://www.ft.com/content/a3c06f8f-34ad-4065-bcf4-97670230824f

Thoughts on this? Do you think we could see a bitcoin strategic reserve anywhere else before seeing in one of the U.S states?

Well with fingers crossed we watch and prepare to experience one of the craziest rides of all time with btc, I don't think though that U.S will wait that long before coming to the fore with btc, I think they are trying to take their time to prepare,plan and maybe gradually adjust before any major moves considering the hug impact the move will cause on them and the entire crypto market

fikrett

copper member

Activity: 126

Merit: 6

The article itself is blocked due to the need to pay up for the info, but - I do think it won't be the case that the reserves would be implemented faster anywhere else other than in the US.
That would be a hit to the prestige they are looking for, and they would want to be the leaders in everything they do.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

So this article just came out. Apparently, the head of the Czech central bank is planning to suggest a plan to the board to buy billions of euros in bitcoin...
More can be found here: https://www.ft.com/content/a3c06f8f-34ad-4065-bcf4-97670230824f
EDIT: here's the archived version: https://x.com/saifedean/status/1884491145167704135

Thoughts on this? Do you think we could see a bitcoin strategic reserve anywhere else before seeing in one of the U.S states?

Topic: JUST IN: Head of Czech's central bank wants to buy billions in Bitcoin - page 3. (Read 303 times)