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Topic: ‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve - page 2. (Read 305 times)

hero member
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Bitcoin getting to a million dollars is quite possible given the idea the adoption increases drastically however on the other hand it's quite too optimistic for now if you ask me. Infact before bitcoin actually hit a 100k during the very first periods of the pump just after Trump won the US election, frankly speaking many persons thought it was just a short pump just before we would retrace back to around 60k + anyways it didn't end up like that.

The US may still have some bitcoin hodling though It may not be much. Besides I'm not too surprised about news like this because I had the feeling that this pump will actually cause some countries to want to try bitcoin investments or reserves rather.
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United States president elect Donald Trump started this. Some countries are showing signs that they may follow or may even begin
bitcoin strategic reserve before United States. This is coming from an European Union lawmaker.

European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a central bank digital currency (CBDC) under development by the European Central Bank (ECB).

If United States adopt bitcoin as a strategic reserve, many countries will definitely follow. You know what that means, creating the way of possibility that bitcoin getting to $1 million one day is possible.
All thanks to Donald Trump who has woken up other countries government from their slumber to see that bitcoin is worth using as a reserve funds because it's an edge to inflation. I know that since US is the world power, other countries are looking up to them on the steps they take towards a healthy economy. This is good news and we should keep hodli and don't sell your bitcoin because soon it will more very expensive, because it will be a competition for government and big tech firm on bitcoin accumulation.
You can't expect less from a capitalist who want to maximize every point of profits making, the reason why Trump have adopted bitcoin in a major reserve funds and ETFs and regulations and more is because of the fact that Trump have seen a lot of prospects in bitcoin as an asset that can be held for long term financial gains, so for he has set alot of examplea and others will follow soon, but what will give me more positive feelings is when bitcoin will be adopted fully as alternative to the United States dollars just like El Salvador adopted bitcoin on October 21-2021.
hero member
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BTC, a coin of today and tomorrow.
If the United States of America decides to use bitcoin as her reserve, there is no doubt that the price of Bitcoin will skyrocket and other countries will follow suit because United States is just like the model country. But what I do not understand is why we project bitcoin to reach $1 million whilr it has not even hit $200,000 rate alone $500,000. I think it will be fine if we are not price conscious in this whole journey. Before now the government is to be against Bitcoin in all ramification but today we have gotten a pro-bitcoin president. This is a clear indication that the future is very bright for bitcoin and her adopters.
However, if it's a debate of either BTC or CBDC, I'm confident that bitcoin will win.
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If United States adopt bitcoin as a strategic reserve, many countries will definitely follow. You know what that means, creating the way of possibility that bitcoin getting to $1 million one day is possible.
This is it. Most of the countries are looking to the US for their decision on having a bitcoin reserve for them to follow. As we already know just as with the dollar the US will do all in its power to gain control and regulate bitcoin. It is going to happen irrespective of if bitcoin goes to $1 million or not. The stone that the builders rejected has become the chief corner stone. We'll wait for next year to watch Trump's body language with regards to bitcoin and making it a reserve.
legendary
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IF these laws are not pushed from the top of pyramid no one will cares on bitcoin on whatever.
We know very well that our politics is just demanded to lobbies and just few people are doing their work.
There is interest for bitcoin? No I don't think so. There is interest for adoption? Maybe 1-2% of population want this?

We will have something like a BTC Reserve in EU with 1million euro per coin and not less... 
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United States president elect Donald Trump started this. Some countries are showing signs that they may follow or may even begin
bitcoin strategic reserve before United States. This is coming from an European Union lawmaker.

European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a central bank digital currency (CBDC) under development by the European Central Bank (ECB).

If United States adopt bitcoin as a strategic reserve, many countries will definitely follow. You know what that means, creating the way of possibility that bitcoin getting to $1 million one day is possible.
Sarah Knafo is thirty one years old and it is common to see young people supporting Bitcoin. As the old politicians who have little understanding about Bitcoin are replaced by young people, friendly crypto proposals or bills will be sponsored in the parliament of some countries.

We don't know os she will have the needed support that will make her proposal to gain the majority support. But I am sure that more nations will adopt Bitcoin as a reserve immediately after the US takes that step. And the price of Bitcoin will increase. But we should also be prepared for centralization which will make it easy for them to manipulate the market at will.
hero member
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Chill! Guys, CBDC is more important than Bitcoin. They are creating an impressive performance because Bitcoin price is more than they ever imagined. What we are watching is just another way to look Bitcoin is more important than CBDC before they take it down or add numerous tax.
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If United States adopt bitcoin as a strategic reserve, many countries will definitely follow. You know what that means, creating the way of possibility that bitcoin getting to $1 million one day is possible.
If this happens then definitely BTC going to touch $1 million, just a disclaimer NFA just me being excited haha but hitting $1 million is still possible. But I think the most impact can only be made by USA adoptions of BTC into national reserves other countries won't do that and before USA in our dreams hehe.

Although Donald proved to be a big deal for crypto as before many including me have fingers crossed but he is making crypto adoption more streamlined and he is not even in the full power now I think after 20th Jan big things are coming not only for crypto but for many other problems he promised to solve ongoing in the world like war.

If EU also added BTC then things might become more centralized, but as I said it's hard for many EU countries to adopt BTC.
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It's just the lawmaker, there will be BTC reserve as well in the EU if the US starts it. Not the other way around.

But sure this will push the price of BTC up if more countries are going to keep up with Us having their BTC reserves as well. No one wants to be left behind. Lucky for those countries capable of mining BTC through their resources, they can just mine BTC.  Not have to buy more using the tax payers money.
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Leading Crypto Sports Betting & Casino Platform
United States president elect Donald Trump started this. Some countries are showing signs that they may follow or may even begin
bitcoin strategic reserve before United States. This is coming from an European Union lawmaker.

European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a central bank digital currency (CBDC) under development by the European Central Bank (ECB).

If United States adopt bitcoin as a strategic reserve, many countries will definitely follow. You know what that means, creating the way of possibility that bitcoin getting to $1 million one day is possible.
All thanks to Donald Trump who has woken up other countries government from their slumber to see that bitcoin is worth using as a reserve funds because it's an edge to inflation. I know that since US is the world power, other countries are looking up to them on the steps they take towards a healthy economy. This is good news and we should keep hodli and don't sell your bitcoin because soon it will more very expensive, because it will be a competition for government and big tech firm on bitcoin accumulation.
legendary
Activity: 1106
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Lightning network is good with small amount of BTC
United States president elect Donald Trump started this. Some countries are showing signs that they may follow or may even begin
bitcoin strategic reserve before United States. This is coming from an European Union lawmaker.

European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a central bank digital currency (CBDC) under development by the European Central Bank (ECB).

If United States adopt bitcoin as a strategic reserve, many countries will definitely follow. You know what that means, creating the way of possibility that bitcoin getting to $1 million one day is possible.
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