The dream of seeing American states accumulating Bitcoin as official reserves took a hit this week. The proposal to create state reserves in BTC was rejected, raising questions about the future of institutional adoption.
Many believed this initiative would propel Bitcoin to a new level of legitimacy. However, legislators cited risks of volatility and lack of clear regulation as the main reasons for the veto. Meanwhile, countries like El Salvador continue to accumulate BTC and benefit from long-term appreciation.
This raises a dilemma: will Bitcoin be seen as digital gold or will it continue to face institutional barriers? The market remains vigilant, as a potential turnaround could directly impact crypto prices.
While some celebrate the decision as a protection against risks, others see it as a setback in the financial revolution that BTC represents. Will American states reconsider this decision in the future?
Share your opinion!
#bitcoin #cript #blockchain #MercadoFinanceiro #BinanceSquare