๐จ #CzechBitcoinReserve? ๐จ
Big news from the Czech Republic ๐จ๐ฟ! The Czech National Bank (CNB) is considering adding 5% of its national reserves into #Bitcoin, potentially making the country the first in Europe to hold BTC reserves!
Though some officials raise concerns about Bitcoinโs volatility, the Czech Republic is leaning into crypto-friendly policies, like tax exemptions for long-term BTC holders. ๐๐ฐ
With countries like the US, Brazil, and Japan also exploring similar initiatives, here's the big question:
๐น Should central banks hold #BTC as part of their reserves? ๐น
๐ Cast your vote! What do you think is the most significant benefit? ๐
1๏ธโฃ Increased financial inclusion
2๏ธโฃ Potential for high returns
3๏ธโฃ Diversification of reserves
4๏ธโฃ Other (let us know in the comments!)
