Why are major countries racing to own Bitcoin? The new face of strategic reserves!
In recent years, Bitcoin has transformed from merely a speculative digital asset to one of the strategic assets that major countries – led by the United States – are seeking to own and store within their reserves.
But why?
1. Bitcoin as Digital Gold:
Similar to gold, Bitcoin has a limited supply (only 21 million units), making it a store of value against inflation and the weakness of fiat currencies.
2. A Hedge Against Geopolitical Volatility:
In a world experiencing frequent disruptions, Bitcoin provides a tool to protect wealth without the need for a third party, and away from the control of other central banks.
3. Future Digital Dominance:
Controlling a significant part of the digital currency market today could provide a strategic advantage in the global economy tomorrow, especially with the spread of blockchain and central bank digital currencies (CBDC).
4. Major Companies' Moves Encouraged Countries:
Just as companies like MicroStrategy and Tesla have invested in Bitcoin, some countries have begun to think along the same lines: those who own Bitcoin today hold digital influence tomorrow.