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September 30, 2025, 05:40:48 PM *
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 1 
 on: Today at 05:39:45 PM 
Started by Botnake - Last post by ₿itcoin
Quote from: Botnake on Today at 09:27:32 AM
Will state-backed crypto reserves become a global norm?
And if your country decided to buy Bitcoin for reserves, would you support it?[/glow]


Yes, many countries are thinking about increasing their crypto reserves, but I don’t think all reserves will be created equal, meaning everyone will not rely only Bitcoin. For example, Kazakhstan just launched the Alem Crypto Fund, and El Salvador, Bhutan, and the United States have already shown that governments will store crypto on their balance sheets. The Philippines has a bill proposing that they buy 10,000 BTC in reserves over five years, buying 2,000 BTC a year, and holding these reserves for at least 20 years. They can only sell or use them for emergencies like government debt.
So this is trending, states want strategic digital assets but they may not care that not all reserves are created equal.
They should understand that BNB or exchange tokens have a risk of centralized counterparty, while BTC is a censorship-resistant store of value.
So I would only support my country buying Bitcoin if they treat it as a long-term, cold, audited reserve, with no political stunts, or any custodial slush, otherwise it’s just theater. HODL values ​​are greater than any headline PR, lmao.

 2 
 on: Today at 05:39:14 PM 
Started by Bluebird1357 - Last post by d5000
Quote from: Sticky Bomb on Today at 02:54:53 PM
Bitcoin outperforms gold very well although it is more volatile than gold but its growth potentials is much higher than that of gold, so there is no need for the comparison. 
Let's look a bit closer at this, because in 2025 until now the situation wasn't that clear. Gold is currently probably in a bubble due to the conflicts all over the world, but it performed better than Bitcoin:

Gold:
- Jan. 2025: $2,600
- Sept. 2025: $3,800 (46% growth)

Bitcoin:
- Jan. 2025: $95,000
- Sept. 2025: $110,000 (16% growth)


The last full year (9/2024 to 9/2025) instead was better for Bitcoin:

Gold:
- Sept. 2024: $2,600
- Sept. 2025: $3,800 (46% growth)

Bitcoin:
- Sept. 2024: $60,000
- Sept. 2025: $110,000 (83% growth)

This is however due to market cycles: Gold was stagnant in the last quarter of 2024 (the price hovered at $2,600) while 2025 was its stellar moment. Bitcoin, in contrast, had a major pump in the last quarter of 2024 and already had reached almost the current price in January.

My prediction is that gold will fall eventually again, but Bitcoin too. I expect both to be value a bit lower than now in early 2026.

 3 
 on: Today at 05:38:57 PM 
Started by suzanne5223 - Last post by Localhostspeed
Quote from: suzanne5223 on September 29, 2025, 04:29:57 PM
]
As a Bitcoiner, what's your take on this?
Will other governments also implement this Digital ID?

Reminder: Self custody isn't an option; it's a must, while P2P is freedom and sovereignty.

I don't know much about UK sovereignty but I know A16z, I have seen them as venture capitals that has money in every altcoins you can think of in the crypto market. Now I understood better why they spread investment across different project, it's about centralizing the crypto ecosystem and sadly UK government think this is the best because it is something they can control, this is more than censorship.

If this is mandatory and compulsory, then there is no problem. You can buy and sell crypto without Cex and you can do anything you like, if that's same pattern here then there is nothing going to make it harder for people that doesn't like centralized system especially if it's a platform that is controlled by the government.

 4 
 on: Today at 05:36:36 PM 
Started by Botnake - Last post by Hamza2424
Quote from: Botnake on Today at 09:27:32 AM
What do you think:

Will state-backed crypto reserves become a global norm?
And if your country decided to buy Bitcoin for reserves, would you support it?
Add Pakistan to the list as well as they have also shown their interest to add Bitcoin in their national reserves but that is just a plan for now as many other countries have shown this plan too, not too big news but still it is worth to be selling. The news about Kazakhstan is really bullish for BNB for now but eventually, they will also become a hub for crypto that is really surprising.

They have been mining bitcoin already for a long time, the energy there is cheap. My country has supported to buy bitcoin and they have also announced to dedicated 2k MW power to bitcoin mining and ai sector. I Support them completely because that is the future especially the mining plan although they are late to join the game but still worth it haha.

 5 
 on: Today at 05:36:36 PM 
Started by Botnake - Last post by mindrust
Quote from: Botnake on Today at 09:27:32 AM
Kazakhstan just made headlines by launching a state-backed crypto reserve fund, starting with BNB as its first asset. This marks one of the few times a government has officially treated crypto as part of a national reserve strategy.

But Kazakhstan isn’t alone:

  • El Salvador – already holds Bitcoin directly as part of its treasury since 2021.
  • Bhutan – secretly mining and accumulating Bitcoin for years using its hydropower.
  • United States – reportedly preparing a Strategic Bitcoin Reserve framework, and the U.S. government already controls a significant amount of Bitcoin from seizures (e.g. Silk Road, criminal cases).
  • Kazakhstan – now openly creating a crypto reserve starting with BNB.
...

I wouldn't call it a global trend unless I see more of the developed countries following the US's foot steps. So far we only have the US and as far as I am concerned the US is making a reserve out of the seized bitcoins from the criminals. They are not buying any new coins from the market. The difference is they were going to sell it but I guess they decided not to. Will they spend these reserves on something? I don't know but again I have read about this topic a while ago so I might have forgotten a few facts about it.

Bhutan, Kazakhstan and El Salvador are quite small countries so they don't have any impact at all.

I'd rather like to see countries like Germany, Japan, United Kingdom, Italy, France, Russia, Switzerland etc. creating their bitcoin reserves but so far none of these big shots joined the party. Maybe they'll change their minds soon.

 6 
 on: Today at 05:30:41 PM 
Started by Botnake - Last post by PrivacyG
Quote from: Die_empty on Today at 05:21:48 PM
The US is a role model to so many countries. More countries might join the crypto reserve boat if the US start accumulating.   
Few countries actually see The United States as a role model any more.  In fact.  I would not be surprised at all if they started virtually punching the administration and calling it a giant risk to the country if they finally start a reserve.  The articles about Putin using Bitcoin to avoid restrictions are already there, all tools are at hand to call it a bad move.

 7 
 on: Today at 05:29:19 PM 
Started by CTO114 - Last post by SilentEcho
That’s a very valid concern, and it often comes up whenever we discuss Bitcoin’s long-term sustainability. The good thing is that Bitcoin’s design already accounts for fluctuations in mining profitability through the difficulty adjustment mechanism. Every two weeks (roughly 2016 blocks), the network adjusts mining difficulty based on the hashrate. If miners leave and the hashrate drops, blocks become easier to mine, which restores profitability and incentivizes miners to return.

This self-correcting system ensures that Bitcoin continues producing blocks on average every 10 minutes, regardless of short-term miner participation. In addition, as block subsidies gradually decrease, the network will shift to being secured primarily by transaction fees. This creates a sustainable incentive for miners even in a low-subsidy environment.

Of course, short-term shocks — like sudden energy price spikes or government crackdowns — can cause temporary hashrate drops, but historically the network has always recovered. That resilience is one of Bitcoin’s strongest features.

So to answer the question: Yes, even if mining becomes less profitable and some miners exit, Bitcoin remains secure because of its built-in difficulty adjustment and evolving fee market. The system was designed to adapt to exactly these conditions.

 8 
 on: Today at 05:26:18 PM 
Started by suzanne5223 - Last post by PrivacyG
Quote from: Zlantann on Today at 04:04:19 PM
Heeded your recommendation and read through a few newspapers about the protest against the Digital ID and identified some of the surveillance concerns. But this initiative is not new because many governments are coming up with policies to control their citizens. Bitcoin is decentralised and I am sure there will always be means to bypass these government restrictions using Bitcoin. But from the magnitude of attacks on the project, it might never be implemented.    
Here is a problem.  If Digital ID becomes mandatory and the United Kingdom already has age verification for porn websites then I presume there will soon be punishments for who ever tries to avoid the law through VPNs or Tor.  Because what is the point of such laws if you can avoid them by simply downloading a software or Operating System?

These are all small but significant steps toward what will most likely become a highly dystopian nightmare.  If avoiding the law through Tor or VPN makes you a suspect or even an offender then all the control pours right into the hands of the government.

I repeat and I keep repeating this.  I have never seen any real benefit from governments being pushy about 'dangers of privacy', not even statistical.  The offenders will continue to find ways to avoid laws and the only real affected people will be us who are innocent.  I see this as the equivalent of The United Kingdom banning knives in an effort to stop the criminals from using them.

How about we also record absolutely every single phone call and investigate them all because some crimes will be prevented?  But while we are at it, how about we start caring about the children and ladies who are abused every day?  I believe placing mandatory surveillance cameras all around the home and keeping them connected 24 out of 7 to local authorities will put a sharp stop to abusers!

 9 
 on: Today at 05:25:38 PM 
Started by callmejoe - Last post by callmejoe
Quote from: DannyHamilton on September 29, 2025, 09:23:58 AM

With a decentralized system, it's very difficult (impossible?) to enforce an exact timestamp. Once you accept that there will have to be some variability, it's just a matter of deciding how much variability is acceptable. If 1 second is acceptable, then why isn't 2 seconds?  If 2 seconds are acceptable, then why isn't 3?  The actual designed purpose of the timestamp drives the decision on how much is acceptable.

Transactions don't have timestamps. Bitcoin doesn't care when a transaction happens. The entire purpose of the blockchain itself is to declare an ordering of transactions BECAUSE there is no reliable way to determine the time that a transaction happened.  Rather than trying to decide exactly when on a clock a transaction happened, Bitcoin works by declaring the order in which they happened (regardless of time). Per the "rules" of the blockchain-based system, any transaction in a block at a lower block height "happened" earlier than any transaction in a block at a higher block height.

Since the blockchain eliminates the need to know the clock-time when a transaction happened, the sole use for the block "timestamp" is to compute what the average time between blocks was during the previous 2016 blocks, so that a new target difficulty can be computed for the next set of blocks.  A variability of a few hours over a period of approximately 2 weeks isn't significant to managing the difficulty target.

Keep in mind that Bitcoin is designed to behave as much like a currency as possible. It isn't designed to be an accounting system or a historical record. It's designed to make it possible to receive a transaction and to know, beyond doubt, that the transaction is real and the sender actually had control over the value being received. If I hand you a $10 bill, there is no timestamp attached to the transaction. You just walk away. with control over that $10 value. Anything else that Bitcoin is capable of beyond that is simply a consequence of the best-known attempt to make such a transaction system functional in a digital/electronic form.

this is helpful.  thanks

 10 
 on: Today at 05:21:48 PM 
Started by Botnake - Last post by Die_empty
Quote from: Botnake on Today at 09:27:32 AM
Will state-backed crypto reserves become a global norm?
And if your country decided to buy Bitcoin for reserves, would you support it?[/glow]

https://cryptonews.com/news/kazakhstan-launches-national-crypto-reserve-with-bnb-as-first-asset/
From the list of countries listed above, only El Salvador and Bhutan have shown commitment to creating a crypto reserve. Others are just showing policies, and the US got its own via seizures. We are tired of paper commitment, let's see actions.

The US is a role model to so many countries. More countries might join the crypto reserve boat if the US start accumulating.

Bitcoin is highly profitable. So I will support my country to invest in a profitable asset because it will bring more money to the economy.   

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