Ambatman
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Don't tell anyone
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June 06, 2025, 06:42:07 PM |
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We could see right now that tradition banks is slowly adopting Bitcoin. Provably that they see Bitcoin Bitcoin potential to challenge the traditional financing system that's why instead of hate it they start to adapt on the changes happening.
There are multiple reasons why banks want to be involved in crypto spaces. Firstly they see a threat from fintech, who are slowly eroding their market share. See Circle for example. Second their today’s clients, are not their tomorrow clients, and to win their wealth they have to offer digital products. I think the true understanding of crypto assets comes at a distant third place. So Fintech gaining ground against traditional bank isn't just in my country. To add to the list you gave, they are also mainly joining the crypto wave to avoid missing out. Their current clients and institutions are interested, they are feeling old and need to have some portion of this new market. They are not just feeling competitive pressure from Fintech but from Crypto exchanges and DEFI They need to venture to stay relevant.
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BtcAnalyst1
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June 06, 2025, 08:05:06 PM |
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We could see right now that tradition banks is slowly adopting Bitcoin. Provably that they see Bitcoin Bitcoin potential to challenge the traditional financing system that's why instead of hate it they start to adapt on the changes happening.
There are multiple reasons why banks want to be involved in crypto spaces. Firstly they see a threat from fintech, who are slowly eroding their market share. See Circle for example. Second their today’s clients, are not their tomorrow clients, and to win their wealth they have to offer digital products. I think the true understanding of crypto assets comes at a distant third place. Actually there are many reasons as you have stated but traditional banks are hesitant to adopt the use of these digital assets believing that their inherent risk over weigh the potential benefits. Again, the traditional banking or financial institutions should shift from thinking of crypto as a competitor but to that of a partner. However, i think the traditional banking sector need some awareness or education to change this perception of digital assets.
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fillippone (OP)
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Duelbits.com - Rewarding, beyond limits.
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June 06, 2025, 09:15:34 PM |
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Guys, once again, stay focused on the topic: Bitcoin Strategic Reserve at Nation States Level. We are not here to discuss other types of reserves, corporate levels included. Or any other topics, banks included.
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avp2306
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June 06, 2025, 10:36:13 PM |
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Guys, once again, stay focused on the topic: Bitcoin Strategic Reserve at Nation States Level. We are not here to discuss other types of reserves, corporate levels included. Or any other topics, banks included.
Agree since we are starting to discuss about off topic things if we continue to discuss about other things. So better people goes back discussing updates about Bitcoin Strategic Reserve made by countries.
Also I'm amaze with this seeing that US military leadership support and see the importance of Bitcoin Strategic Reserve as Senator Cynthia Lummis stated. “There are generals, especially in Southeast Asia, who believe it’s important to have a strategic Bitcoin stockpile because we’re doing an economic war with China and we have to prepare for a guns and bullets war. But we need both.” More details in this source https://cointelegraph.com/news/us-military-leadership-supports-strategic-bitcoin-reserve-sen-lummisGreat to see their support on creating Bitcoin reserve and with growing numbers of officials supporting it there's good chance that more state in US would provably open their doors to pass the bill or build their Bitcoin reserve in future.
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JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"
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June 07, 2025, 12:49:52 AM |
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Guys, once again, stay focused on the topic: Bitcoin Strategic Reserve at Nation States Level. We are not here to discuss other types of reserves, corporate levels included. Or any other topics, banks included.
Agree since we are starting to discuss about off topic things if we continue to discuss about other things. So better people goes back discussing updates about Bitcoin Strategic Reserve made by countries.
Also I'm amaze with this seeing that US military leadership support and see the importance of Bitcoin Strategic Reserve as Senator Cynthia Lummis stated. “There are generals, especially in Southeast Asia, who believe it’s important to have a strategic Bitcoin stockpile because we’re doing an economic war with China and we have to prepare for a guns and bullets war. But we need both.” More details in this source https://cointelegraph.com/news/us-military-leadership-supports-strategic-bitcoin-reserve-sen-lummisGreat to see their support on creating Bitcoin reserve and with growing numbers of officials supporting it there's good chance that more state in US would provably open their doors to pass the bill or build their Bitcoin reserve in future. In the last few months, I was confused about this topic too, since I was thinking that the topic was ONLY about nation state adoption of bitcoin reserves, but then I went to the OP, which seems to open up the topic to corporate bitcoin reserves too.. so I doubt that the OP is sufficiently focused on ONLY Nation states in order to proclaim that some of the corporate bitcoin reserves and perhaps even some of the other related banking reserves talk is off topic... In other words, from my current perspective, the OP did not seem to focus the topic enough from the start.. which I would not agree to narrowing the topic after it had already been set so broadly, which almost means that there are defects in this thread from the current desires to keep it as ONLY about nation state adoption of bitcoin reserves when the OP itself is broader in the outlining of the topic..
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Cossyblack
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June 07, 2025, 08:46:07 PM Last edit: June 08, 2025, 12:24:28 AM by Cossyblack |
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Check Here Congressman Tim Burchett has INTRODUCES a Bill Codifying President Trump's Executive Orders on a strategic Bitcoin Reserve The Move is still ongoing for a FEDERAL STRATEGIC BITCOIN RESERVE in The US.
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Nothingtodo
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June 09, 2025, 10:37:14 AM |
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French company The Blockchain Group to raise €300 Million to buy more #Bitcoin Individuals and institutions from all over the world are putting their treasury reserves in Bitcoin, so why would France lag behind? Source
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IceLincoln
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June 09, 2025, 05:06:03 PM |
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Guys, once again, stay focused on the topic: Bitcoin Strategic Reserve at Nation States Level. We are not here to discuss other types of reserves, corporate levels included. Or any other topics, banks included.
Agree since we are starting to discuss about off topic things if we continue to discuss about other things. So better people goes back discussing updates about Bitcoin Strategic Reserve made by countries.
Also I'm amaze with this seeing that US military leadership support and see the importance of Bitcoin Strategic Reserve as Senator Cynthia Lummis stated. “There are generals, especially in Southeast Asia, who believe it’s important to have a strategic Bitcoin stockpile because we’re doing an economic war with China and we have to prepare for a guns and bullets war. But we need both.” More details in this source https://cointelegraph.com/news/us-military-leadership-supports-strategic-bitcoin-reserve-sen-lummisGreat to see their support on creating Bitcoin reserve and with growing numbers of officials supporting it there's good chance that more state in US would provably open their doors to pass the bill or build their Bitcoin reserve in future. In the last few months, I was confused about this topic too, since I was thinking that the topic was ONLY about nation state adoption of bitcoin reserves, but then I went to the OP, which seems to open up the topic to corporate bitcoin reserves too.. so I doubt that the OP is sufficiently focused on ONLY Nation states in order to proclaim that some of the corporate bitcoin reserves and perhaps even some of the other related banking reserves talk is off topic... In other words, from my current perspective, the OP did not seem to focus the topic enough from the start.. which I would not agree to narrowing the topic after it had already been set so broadly, which almost means that there are defects in this thread from the current desires to keep it as ONLY about nation state adoption of bitcoin reserves when the OP itself is broader in the outlining of the topic.. OP I don't think it's nice limiting the thread to Nation State Reserves, even your title says everything you wanted to know about Bitcoin Strategic Reserve. If your initial intention was Nation-State based, I'm sorry it has been overtaken by events, but limiting it to just discussing countries means every other update will have to be in a different thread, and creating so many threads on discussing Bitcoin Strategic Reserve isn't good on the forum. So, I suggest everything related to Bitcoin Strategic Reserve should be updated here.
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fillippone (OP)
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Duelbits.com - Rewarding, beyond limits.
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In my mind, a Bitcoin Strategic Reserve is reserved for nation-states. As a Strategic reserve in Gold. Maybe it is me, not speaking English as a mother tongue language, who fuelled the misconception. In a fully decentralised approach, I will abide by events and won’t remove or frown upon messages regarding obscure corporations claiming Bitcoin Reserves, whether they are strategic or not.
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Taskford
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Top-tier crypto casino and sportsbook
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June 10, 2025, 12:31:50 PM |
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In my mind, a Bitcoin Strategic Reserve is reserved for nation-states. As a Strategic reserve in Gold. Maybe it is me, not speaking English as a mother tongue language, who fuelled the misconception. In a fully decentralised approach, I will abide by events and won’t remove or frown upon messages regarding obscure corporations claiming Bitcoin Reserves, whether they are strategic or not.
I guess this is just been an adopted word since Bitcoin Strategic Reserve became a famous word when US initiate their plan to create this. It can be called also as Sovereign Bitcoin Reserve for nation - state and also Corporate Bitcoin Treasury for institutions. But to simplify these things and will not create confusion to people following them I guess they choose to call it as Bitcoin Strategic Reserve to since the intention of government and companies is the same.
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BitBakerr1
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June 10, 2025, 12:57:32 PM |
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Bitcoin Strategic Reserve, was an idea or word used to pass into law for Nation's or state to start buying or accumulating Bitcoin and holding. When ever I hear Bitcoin Strategic Reserve what comes to my mind or head is a country or state accumulating Bitcoin and holding it but the truth is even companies can adopt this.
Bitcoin Strategic Reserve is a strategy and that strategy involve accumulating Bitcoin and reserving it as an asset and we all know that assets like this are always held for years by nations or companies, there are some assets that some nations has kept on reserve for many years and is still being reserve till date and this is what adopting a Bitcoin Strategic Reserve is all about. My thought.
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EarnOnVictor
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June 10, 2025, 02:17:11 PM |
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In my mind, a Bitcoin Strategic Reserve is reserved for nation-states. As a Strategic reserve in Gold. Maybe it is me, not speaking English as a mother tongue language, who fuelled the misconception. In a fully decentralised approach, I will abide by events and won’t remove or frown upon messages regarding obscure corporations claiming Bitcoin Reserves, whether they are strategic or not.
In the real sense, do individuals and private entities even have a reserve? It's nations/states that own reserves. What individuals and private entities have are assets.
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fillippone (OP)
Legendary
Online
Activity: 2870
Merit: 20362
Duelbits.com - Rewarding, beyond limits.
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June 10, 2025, 03:06:58 PM |
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In my mind, a Bitcoin Strategic Reserve is reserved for nation-states. As a Strategic reserve in Gold. Maybe it is me, not speaking English as a mother tongue language, who fuelled the misconception. In a fully decentralised approach, I will abide by events and won’t remove or frown upon messages regarding obscure corporations claiming Bitcoin Reserves, whether they are strategic or not.
In the real sense, do individuals and private entities even have a reserve? It's nations/states that own reserves. What individuals and private entities have are assets. This is probably a very good point. Provided that in the end, everything can be considered an Asset. Meaning everything can be eventually be sold. In Italy we often joke about government selling the Colosseo or the beaches.
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Ambatman
Legendary
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Don't tell anyone
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June 10, 2025, 07:29:44 PM Merited by fillippone (3) |
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Maybe it is me, not speaking English as a mother tongue language, who fuelled the misconception. In a fully decentralised approach, I will abide by events and won’t remove or frown upon messages regarding obscure corporations claiming Bitcoin Reserves, whether they are strategic or not.
In the real sense, do individuals and private entities even have a reserve? It's nations/states that own reserves. What individuals and private entities have are assets. Yes they do have a Reserve. Reserves are assets set aside for specific obligations. It can also be recorded as a liability in the balance sheet as in the case of Bank reserves. In my mind, a Bitcoin Strategic Reserve is reserved for nation-states. As a Strategic reserve in Gold. Like I said above I don't really think it's limited in just being a thing for nations state. It applies to any entity preparing for scarcity, disruption, or strategic need. For example, a hospital might keep a reserve of critical medical supplies or a hedge fund could hold a reserve of cash for market crashes. Gold was held by the Government for economic stability; strategic needs. Bitcoin can be held by individuals and institutions as a reserve to prepare against inflation and infinite supply of Fiat.
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fillippone (OP)
Legendary
Online
Activity: 2870
Merit: 20362
Duelbits.com - Rewarding, beyond limits.
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June 10, 2025, 08:34:51 PM |
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To me, all these companies announcing Bitcoin in their balance sheets, are only trying to pump their share price. Not everyone can be Microstrategy. Not everyone can be Metaplanet. We have many examples, from Cantor Equity Partner going down, of companies trying to play this, only to have their shares pumped. Time will tell the difference between the honest players and the scammers.
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nikola22
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June 10, 2025, 09:51:15 PM Merited by JayJuanGee (1) |
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Also I'm amaze with this seeing that US military leadership support and see the importance of Bitcoin Strategic Reserve as Senator Cynthia Lummis stated.
I doubt that USA with their budget deficit and huge debt will buy bitcoin. sure they may hold confiscated BTC but it's not equal to buying new coins. there is an opinion that USA may follow the approach of Strategy and issue government bonds to buy more BTC. but this move could undermine the trust in US treasury bonds so it seems doubtful. as for me good chances for bitcoin strategic reserve have such countries as Norway, Qatar and others with big budget surplus. Norway's Government Pension Fund Global has 1.4 trillion AUM. maybe they have indirect bitcoin exposure through ETFs but these sums are not significant. also Qatar Investment Authority has about $475 billion AUM and there wasn't information about their investments in BTC. so my point is that countries with budget surplus could afford buying BTC in big volumes. besides Norway and Qatar it could be Saudi Arabia, UAE, Kuwait, Singapore, Germany and someone else with big finances. with all due respect to Salvador and other not so financially strong countries their volumes aren't significant but their example also matters.
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