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Author Topic: Franklin Templeton Predict Global Adoption of Strategic Bitcoin Reserves in 2025  (Read 566 times)
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January 01, 2025, 06:52:02 AM
 #21

These 5 countries if we include El salvdaor, 6 countries is just a start we should make a list of them.

You have forgotten the states in the USA that plan to make a bitcoin reserve, apart from that of the US government. From the article quoted by the OP:

Quote
In December, Texas Representative Giovanni Capriglione introduced the Texas Strategic Bitcoin Reserve Act, which proposes that the state comptroller hold Bitcoin as a reserve asset for at least five years.

Pennsylvania took a similar step in November, with Representative Mike Cabell proposing a bill to allow its treasury to allocate up to 10% of its balance sheet in Bitcoin, citing the asset’s potential to hedge against economic uncertainty.

If Texas were an independent country, it would be the eighth largest economy in the world, so the creation of a reserve by the state is no small matter.

If anything Franklin Tempelton is predicting what everyone already knows. You only have to keep an eye on the news.

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January 01, 2025, 07:13:05 AM
 #22

We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/

We got from the "governments hating Bitcoin" stage to the "governments buying Bitcoin" stage way too fast. I don't know what changed in the last 2 or 3 years. I'm still skeptical about the "Strategic Bitcoin reserve" thing. It sounds too good to be true. I don't think that this idea will gather enough support in the Republican party, so that such bill could be approved by the US Congress. Maybe this Templeton guy has some insider information about the subject, who knows. I think that he is speculating and trying to boost optimism with such predictions. My prediction is for a bearish BTC market at the summer and fall of 2025.

 
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January 01, 2025, 01:42:58 PM
 #23

2025 is not too early, I feel that government in some countries are even beginning to have FOMO owning to the fact that the moment US government pass the law for Bitcoin as federal reserve, they don't know what to expect of price, so they will probably want to catch up on time too and what if it even leads to a situation that each country will want to have more Bitcoin than the other. Am just saying tho, but we can not really be right about what might happen next.

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January 01, 2025, 02:48:57 PM
 #24

It is an unnecessary thing to worry about but it is not surprising seen this coming up now I just feel people need something to use as FUD and this is what they hold on to now. Satoshi has one million in his possession as they stated but I ask we have extra 18 million in circulation why the scare for something like that. We all know this pseudonymous satoshi wouldn’t just dump people and it is confirmed right by how decentralized the circulation of entire bitcoin is done. So I think this is needlesss FUD once more

This has always been and still is just a guess - so while it is undeniable that Satoshi was the first who simply had to mine to get BTC going, we cannot say with certainty that he mined 1 million or perhaps 500 000 BTC. Even in those early days there were about a dozen people who started mining, besides Hal Finney and some others, the guy James who lost his BTC on his hard drive claims to have been one of those early miners.

Even if Satoshi is alive, he knows that it is best for BTC and him personally to remain in the shadows. If he appeared in public, it would cause much more harm than good.



prediction?... how about FT just used google

the BIS(bank of international settlements) have been discussing for years a regulation that allows countries reserves to invest in crypto, upto a level of 2% buy-in of reserve value and having to sell when crypto value gets to 5% of reserve value

its no secret if you just learn to google, and definitely not a prophecy or a prediction from some magical guess

the draft: (from jan 2025 countries have to declare, audit and report their crypto holdings)
https://www.bis.org/bcbs/publ/d556.htm

the member countries of the BIS:
https://www.bis.org/about/member_cb.htm

64 countries wanting the opportunity from jan 2025

..oh and before anyone suggests something stupid.. no, trump didnt invent the idea


Maybe you should open a new topic and try to explain to people what you've already written so many times - because as is usually the case, some of the forum members may not understand what this is about - and the rest simply don't care.

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January 02, 2025, 04:28:07 PM
 #25

We have been anticipating for bitcoin to be one of the countries strategic reserve but according to Spot Bitcoin ETF issuer Franklin Templeton, that would begin in 2025.

You know what his means increase in the price of bitcoin. And possibly bitcoin may get to $200000 if that become possible.

Do you think 2025 is not too early? The government are always slow in something like this but they will later begin it and pass it into law.

https://99bitcoins.com/news/franklin-templeton-predicts-global-adoption-of-strategic-bitcoin-reserves-in-2025/
It is too early to talk about Bitcoin adoption because at the moment, not too many people are aware of Bitcoin. The best that can happen this year is various governments studying Bitcoin and the possibilities of making it a reserve currency. This will give birthday to the adoption of Bitcoin by many countries and eventually at the mainstream.  The moment the big economies give a thumbs up to Bitcoin, the rest of the world will join.

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January 02, 2025, 06:49:35 PM
Last edit: January 02, 2025, 07:38:48 PM by Faisal2202
 #26

You have forgotten the states in the USA that plan to make a bitcoin reserve, apart from that of the US government. From the article quoted by the OP:
oops, thanks for adding it as I did not mean to exclude it purposely, I forgot. There must be many other countries or governments showing interest to add BTC in their national reserve than these 7. So, that's why I said we must create a topic where we should make a list of them all or maybe we should wait for a little more until we have more countries on the list.

If Texas were an independent country, it would be the eighth largest economy in the world, so the creation of a reserve by the state is no small matter.
If anything Franklin Tempelton is predicting what everyone already knows. You only have to keep an eye on the news.
You are right, if something big like this happens then we are seeing big pump in the market.

Edit: I just read the whole source link again, as previously I did not read before making my first reply, I simply share what I knew about the adoption but now I am surprised the article also covered the same countries hehe, just the one I missed, which you mentioned. 

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