A company that is changing the way the world mines bitcoin

Cryptopolitan 2025-01-01 21:40:43

Trump will inspire Asian countries to launch Bitcoin strategic reserve, says Metaplanet

At Michael Saylor’s extravagant New Year’s Eve Bitcoin bash in Miami, Simon Gerovich, CEO of Metaplanet, dropped a prediction that President Donald Trump’s upcoming Strategic Bitcoin Reserve will push Asian countries like Japan to follow suit. Metaplanet has a reputation as Japan’s version of MicroStrategy. And Gerovich didn’t frame this as a “maybe” scenario. He was certain. “The Bitcoin community helped elect Trump,” he said . “Now, he’s expected to deliver. If America adopts Bitcoin as a strategic reserve, the rest of the world won’t just watch. They’ll act.” Gerovich’s company switched its entire strategy in 2024 to focus on Bitcoin accumulation. “For us, April was when it clicked. All we care about now is stacking more Bitcoin for our shareholders,” he said. If 2024 was the year the world started taking Bitcoin seriously, 2025 will be the year it becomes a global reserve asset. Trump could set off a global Bitcoin race “Japan looks to the U.S. like a big brother,” Gerovich said. “If Trump moves forward, Japan and other Asian nations will copy the playbook. That’s how this works.” “For third-world countries, Bitcoin could stabilize their economies,” he said. “We’re about to see the full force of game theory in action.” In simple terms, if one country starts using Bitcoin to strengthen its reserves, others will feel pressure to do the same—or risk being left behind. Governments in the Middle East are already acting, though quietly. Gerovich shared insights from a recent Bitcoin conference in Abu Dhabi. “We spoke to officials from the region, and they’re buying Bitcoin under the radar. They just haven’t announced it yet,” he said. “After Trump declares a Bitcoin reserve, countries will come out and say, ‘Guess what? We’ve got Bitcoin too.’” Why governments might (and might not) jump on Bitcoin The idea of using Bitcoin as a strategic reserve isn’t as crazy as it sounded a few years ago. Countries like El Salvador and Bhutan have already done it. El Salvador holds around 6,000 BTC, worth over $567 million. Bhutan’s stash is even bigger—almost 12,000 BTC, valued at more than $1.1 billion. Both countries see Bitcoin as a hedge against inflation, a kind of “digital gold” for their reserves. The U.S., under Trump’s leadership, could take this idea to another level. Reports suggest a plan to buy 200,000 BTC annually for five years, totaling one million BTC. But this isn’t without risks. Bitcoin’s volatility is legendary. Prices can swing wildly in hours, let alone months. That makes it a risky asset for national reserves. Plus, regulations are still uncertain. Governments would need rock-solid systems to manage their holdings and avoid the kind of hacks that have plagued crypto exchanges. Then there’s the problem of utility. Critics argue Bitcoin doesn’t have the same practical value as traditional reserves like gold or oil. You can’t use Bitcoin to fuel an economy in the middle of a crisis. And let’s not forget market manipulation. These governments could potentially destabilize markets, putting the entire industry at risk. Still, the potential upsides are hard to ignore. Bitcoin’s price appreciation is one of them. After Trump’s election win in December 2024, Bitcoin jumped over 50%, hitting $108,400. From Zero to Web3 Pro: Your 90-Day Career Launch Plan

Meist gelesene Nachrichten

Bitcoin Targets New ATH in January: Top Analy...
2025-01-06
Bitcoin Price Reaches Milestone $100,000 on B...
2025-01-06
Bitcoin’s Short-Term Holders Experience Profi...
2025-01-06
5 Cryptos With the Most Growth Potential in 2...
2025-01-06
4 crypto startups earn MiCA licenses from Dut...
2025-01-06
US Markets Rally as S&P 500 Hits 6003 Points...
2025-01-06
Metaplanet Bets Big on Bitcoin, Aiming for a...
2025-01-06
New Pi Cycle Top Prediction Chart Identifies...
2025-01-06

Ähnliche Neuigkeiten

Ethereum’s rally to $4,000 could propel SOL and DO...
06 Jan 2025
Bitcoin Price Soars Above $101,000 Mark: Latest Up...
06 Jan 2025
Bitcoin Eyes Crucial Breakout Level as Analyst Pre...
06 Jan 2025
XLM Price Forecast: Is $2 Target Achievable for St...
06 Jan 2025
Vitalik Buterin Goes On A Series! He Sold In Exact...
06 Jan 2025
Crypto Trader Turns $2,137 into $3.24M in Just 10...
06 Jan 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen