Everything you wanted to know about Bitcoin Strategic Reserve

[Cossyblack]

Switzerland's Premier Bitcoin Treasury Company FUTURE Raises CHF 28 Million


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Switzerland's premier Bitcoin Treasury Company "FUTURE" has successfully raised  28 million Swiss franc to launch it's Bitcoin Treasury Holding . Future Bitcoin Holdings company is lead by a combined teams of expertise in Bitcoin with a Vision to build Europe premier Bitcoin company.

[LDL]

I don't know how true it is, but the world's major popular countries are taking many steps and issuing laws regarding the acceptance of Bitcoin and the strategic reserve of Bitcoin, and it's not like India will lag behind.
https://x.com/BTCjunkies/status/1986246160684884212?t=jkSk6RF1NV2g8u2nDfukGg&s=19
The Indian High Court has already declared that Bitcoin will be recognized as property under a special law. However, it is very interesting to see whether India will give utmost importance to reserves in Bitcoin or will it continue to issue rules in Parliament only on a special basis as before.

[moneystery]

Just highlighting here two studies by Deutsche Bank that were already published in this thread, but I wanted to underline more:

	Bitcoin vs. Gold: The Future of Central Bank Reserves by 2030	Gold's reign, Bitcoin's rise: The future of central bank reserves by 2030

These are very interesting reads on why Bitcoin should be integrated into the Central Banking system by 2030.

Note:
All this material is public and available online. No registration required.

I found this paper quite interesting to read because the author briefly reviews how Bitcoin, alongside gold, will be used as a strategic reserve by 2030. He also covers several important topics such as its characteristics, scarcity, advantages, and performance over time, as well as whether it is suitable as a strategic reserve. Their point at the end is also interesting, as they say that Bitcoin's volatility will decrease over time, and people's skepticism and suspicion of Bitcoin will decrease, eventually leading to full acceptance, much like gold did in the past.

Their analysis is quite good and I kind of agree with what they said, because the current trend is that Bitcoin is heading there, where there will be more banks and institutions that will start to be interested in adopting it to diversify their investments.

[Derekfunds]

Just highlighting here two studies by Deutsche Bank that were already published in this thread, but I wanted to underline more:

	Bitcoin vs. Gold: The Future of Central Bank Reserves by 2030	Gold's reign, Bitcoin's rise: The future of central bank reserves by 2030

These are very interesting reads on why Bitcoin should be integrated into the Central Banking system by 2030.

Note:
All this material is public and available online. No registration required.

I found this paper quite interesting to read because the author briefly reviews how Bitcoin, alongside gold, will be used as a strategic reserve by 2030. He also covers several important topics such as its characteristics, scarcity, advantages, and performance over time, as well as whether it is suitable as a strategic reserve. Their point at the end is also interesting, as they say that Bitcoin's volatility will decrease over time, and people's skepticism and suspicion of Bitcoin will decrease, eventually leading to full acceptance, much like gold did in the past.

Their analysis is quite good and I kind of agree with what they said, because the current trend is that Bitcoin is heading there, where there will be more banks and institutions that will start to be interested in adopting it to diversify their investments.

The paper is interesting as you said and it is kind of giving people hope and also motivating folks to continue with their Bitcoin investment because in time to come Bitcoin will be very great but on the second thought this is just a mere speculation or a prediction which I'm sure it is not certain or guarantee I mean the information that is been communicate across in this paper. But the point they said that Bitcoin will be more volatile, yea that sounds certain i mean it will definitely happen because even those who do not have interest in Bitcoin before are beginning to pick interest now and I think it will really affect Bitcoin because soon the demand will be very high and lastly, the performance of Bitcoin can not really be known it is just an assumption based on its history.

[fillippone]

the performance of Bitcoin can not really be known it is just an assumption based on its history.

The only aspect where Bitcoin is inferior to gold is precisely its history.
Gold has been around for 4,000 years and has worked perfectly.
Bitcoin has been around for 16 years and has gone from 0% to 10% of the gold market capitalisation.
Hopefully it will take only a few decades to get to 100%, as information and markets are way more efficient than in the past centuries.

Edit: corrected a typo

[avp2306]

the performance of Bitcoin can not really be known it is just an assumption based on its history.

The only aspect where Bitcoin is inferior to gold is precisely its history.
Bitcoin Gold has been around for 4,000 years and has worked perfectly.
Bitcoin has been around for 16 years and has gone from 0% to 10% of the gold market capitalisation.
Hopefully it will take only a few decades to get to 100%, as information and markets are way more efficient than in the past centuries.

Sorry to correct some words you have posted since I think what you have mentioned that Gold has been around for 4,000 years.

The rise of Bitcoin is extraordinary and for just 16 years also created as supposed to be an experiment by Satoshi it capture that percentage of gold marketcap. There's good chance for Bitcoin to surpass gold in just few years, so I do hope to see more countries and also companies will announce their creation of Bitcoin reserve. Bitcoin limited supply will provably play huge role for its growth especially those institution will drive more demand on Bitcoin.

[LDL]

the performance of Bitcoin can not really be known it is just an assumption based on its history.

The only aspect where Bitcoin is inferior to gold is precisely its history.
Bitcoin Gold has been around for 4,000 years and has worked perfectly.
Bitcoin has been around for 16 years and has gone from 0% to 10% of the gold market capitalisation.
Hopefully it will take only a few decades to get to 100%, as information and markets are way more efficient than in the past centuries.

If we compare gold and Bitcoin, then I must say that Bitcoin has increased hundreds of times more than gold in just 16 years.

10 years Compound Annual Growth Rate (CAGR)

Bitcoin: Bitcoin has topped the list in terms of compound annual growth rate over the past 10 years, growing by 85%.
NVIDIA: If there is one that has grown the most after Bitcoin, then Nvidia has grown by 80% at an annual rate over the last 10 years.
Gold: Gold has a compound annual growth rate of only 12% over the past 10 years, meaning if you want to differentiate between Bitcoin and Gold, it is clear to see just by looking at the 10-year history.

[ASloveapg]

Kazakhstan to create a $1 BILLION Bitcoin and crypto reserve

They are considering converting gold and foreign currencies into Bitcoin

https://x.com/BTC_Archive/status/1986777275061174378?t=QhXKmb0MPiYoXy5h_cPUPA&s=19

[fillippone]

the performance of Bitcoin can not really be known it is just an assumption based on its history.

The only aspect where Bitcoin is inferior to gold is precisely its history.
Bitcoin Gold has been around for 4,000 years and has worked perfectly.
Bitcoin has been around for 16 years and has gone from 0% to 10% of the gold market capitalisation.
Hopefully it will take only a few decades to get to 100%, as information and markets are way more efficient than in the past centuries.

If we compare gold and Bitcoin, then I must say that Bitcoin has increased hundreds of times more than gold in just 16 years.

10 years Compound Annual Growth Rate (CAGR)

Bitcoin: Bitcoin has topped the list in terms of compound annual growth rate over the past 10 years, growing by 85%.
NVIDIA: If there is one that has grown the most after Bitcoin, then Nvidia has grown by 80% at an annual rate over the last 10 years.
Gold: Gold has a compound annual growth rate of only 12% over the past 10 years, meaning if you want to differentiate between Bitcoin and Gold, it is clear to see just by looking at the 10-year history.

Of course the CAGR of Bitcoin has been so much higher than the one of gold: the issue is other usual problem of Bitcoin value proposition comprehension. As we progress trough time, Bitcoin comprehension will drive market capitalisation higher, volatility lower, and liquidity higher.

[strategiccryptoreserve]

While lots of state in US trying to pass law to create their own Bitcoin Reserve, Connecticut is shifting its way and try to avoid adopting for passing the H.B. 7082 which the details of this law is quoted below.

The Connecticut General Assembly published the final text of the bill on Tuesday. The bill, H.B. 7082, passed both the House and the Senate unanimously without dissent. The bill has now become Public Act No. 25-66, according to the official website of the Connecticut General Assembly.
The new legislation bars government entities from buying, holding, or investing in crypto assets, while also forbidding them from "establishing a reserve of virtual currency" or accepting crypto payment.

I hope they won't regret their decision for not joining in the race, especially if they see those states who adopt and create their own Bitcoin Strategic Reserve succeed when Bitcoin adoption rate goes high and price reach for more new high's.

Also hopefully they change their minds and think about they made wrong decision for not making move towards adding Bitcoin on their treasury.

Hahahahaha.. Quite funny that Connecticut law makers seem retarded, and one of the consequences of their retardedness will be that it may well take several years before they recognize and/or appreciate the gravity of their screw up.

Whether we are talking about governments, institutions or individuals, they are subject to the same kinds of errors in their thinking in regards to being hostile to bitcoin based on wrong and/or incomplete knowledge, and those no coiners, low coiners are likely going to suffer from their choices...and even the whimpy accumulators of bitcoin will likely be way better off for merely taking some kind of a bitcoin position that involves getting the fuck off zero...so then there are at least a couple of errors which are either being hostile to bitcoin and the other one is failing/refusing to get off zero.. .and so other errors of being whimpy remains less detrimental than the errors of hostility and/or refusing to get off zero.

Yeah quiet funny to see that they still have this kind of mindset knowing that other state are advancing for having Bitcoin reserve while them taking the path for stability or going down towards passing that H.B. 7082 which is not allowing Connecticut to have Bitcoin Reserve for their state.

But upon checking it seems that state is dominated by Democrats officials. So know I understand on why this funny thing happen since democrats is known a hater of Bitcoin.

So for sure they would suffer on that decision or law they passed since they won't go anywhere for hating Bitcoin. For sure other state will advance especially if Bitcoin would grow together with its price and for sure if this situation happen for sure would suffer or regret their decision on why they pass the H.B. 7092 law.

So the Strategic Crypto reserve developed in Vancouver, BC has nothing to do with the Strategic Bitcoin Reserve and I doubt the two will ever be confused by if you get to legally launder stolen funds , and I guess you legitimately do at government who on earth would want to facilitate that to because unfortunately a regular thing.  So if it comes down to making bad money good I think it would be nicer if you sent more to canada.  I obviously would vote democrate if I was american but not so obviously them all being jackass's seems to be the facts though right?

[nikola22]

Kazakhstan to create a $1 BILLION Bitcoin and crypto reserve

They are considering converting gold and foreign currencies into Bitcoin

but according to Bloomberg, Kazakhstan's national cryptocurrency reserve fund will be using assets seized and repatriated from abroad. also will be used proceeds from state-backed mining operations. and the most importand fund’s investments would include exchange traded funds and the shares of companies involved with digital currencies.

https://news.bloomberglaw.com/crypto/kazakh-crypto-asset-fund-targets-1-billion-with-seized-wallets

I doubt Kazakhstan will sell gold to buy BTC. as we see they don't plan to spend money on buying real BTC and their cryptocurrency reserve fund resembles what USA want to do in the future also using seized assets.

[HelliumZ]

The mayor of Vancouver was seen buying Coca-Cola using Bitcoin Lightning. His purchase of Coca-Cola proves that his country is curious and interested in the strategic reserve of Bitcoin. Vancouver is a province in the Canadian province of Columbia, surrounded by natural beauty, where its beaches, ports, and tourism contribute a large part of its economy. If Bitcoin is prioritized as a payment system and a strategic reserve, then there will definitely be a bigger revolution in the economy.

[JayJuanGee]

Kazakhstan to create a $1 BILLION Bitcoin and crypto reserve
They are considering converting gold and foreign currencies into Bitcoin
https://x.com/BTC_Archive/status/1986777275061174378?t=QhXKmb0MPiYoXy5h_cPUPA&s=19

Putting shitcoins into a strategic reserve (that has been created by a country) is surely questionable in terms of justifying doing such a thing, unless the percentages of such shitcoins were to be relatively low.. such as less than 10% the size of the bitcoin for all of the shitcoins put together.. and which ones? and how are they custodied?).  

I understand certain shitcoins and stable coins have been gaining some popularity recently.. so I would imagine that some of the stable coins may well be considered as a potentially alternate way of getting exposure to the dollar, perhaps?


And yeah the emphasis on seizing bitcoin and/or crypto is also a problematic direction for any government to be emphasizing that method of accumulating their stash. It provides bad motives if they are seizing and even potentially providing inadequate due process procedures so that people can make claims to have their coins returned in the event that their might be valid claims, even in seizure cases their should not be a presumption of guilty... so governments should have to establish that the coins were justly confiscated if that were to end up being the way that they get the coins.

[Fara Chan]

The mayor of Vancouver was seen buying Coca-Cola using Bitcoin Lightning. His purchase of Coca-Cola proves that his country is curious and interested in the strategic reserve of Bitcoin. Vancouver is a province in the Canadian province of Columbia, surrounded by natural beauty, where its beaches, ports, and tourism contribute a large part of its economy. If Bitcoin is prioritized as a payment system and a strategic reserve, then there will definitely be a bigger revolution in the economy.

I'm also impressed that a mayor from a province would try paying for drinks using the Bitcoin network, as in Columbia and Canada, Bitcoin is still not fully legal, even though everyone there is familiar with Bitcoin and the payment method is available at some retail outlets. However, a test like this by one mayor could certainly encourage other mayors to try it if the Mayor of Vancouver finds it more convenient. I've also read news about Bitcoin rejection in Canada and Bitcoin seizures in Canada this year. So I hope that in the next year, officials in the Canadian and Columbian governments will be willing to accept Bitcoin and create appropriate regulations to make Bitcoin more popular in their respective regions.

Source:

• https://www.coindesk.id/berita/gelombang-penolakan-bitcoin-di-kanada
• https://news.bitcoin.com/id/polisi-nasional-kanada-menyita-puluhan-juta-dalam-crypto-dari-bursa/

[arwin100]

Kazakhstan to create a $1 BILLION Bitcoin and crypto reserve

They are considering converting gold and foreign currencies into Bitcoin

but according to Bloomberg, Kazakhstan's national cryptocurrency reserve fund will be using assets seized and repatriated from abroad. also will be used proceeds from state-backed mining operations. and the most importand fund’s investments would include exchange traded funds and the shares of companies involved with digital currencies.

https://news.bloomberglaw.com/crypto/kazakh-crypto-asset-fund-targets-1-billion-with-seized-wallets

I doubt Kazakhstan will sell gold to buy BTC. as we see they don't plan to spend money on buying real BTC and their cryptocurrency reserve fund resembles what USA want to do in the future also using seized assets.

Guess they avoid to buy due to political and other regulatory issue, that's why they choose to have indirect exposure rather than buying Bitcoin directly. I think the current administration think that they are safe from any political pressure if they will just used those coins came repatriated, seize and also their state back Bitcoin mining operation.

I also have doubts that they will make it happen like they convert their gold to BTC. Maybe they are closely monitoring on the next possible action done by US. If it happens that they would start to accumulate from their national funds, maybe they might consider also to follow what the giants did.

[nikola22]

Guess they avoid to buy due to political and other regulatory issue, that's why they choose to have indirect exposure rather than buying Bitcoin directly. I think the current administration think that they are safe from any political pressure if they will just used those coins came repatriated, seize and also their state back Bitcoin mining operation.

I also have doubts that they will make it happen like they convert their gold to BTC. Maybe they are closely monitoring on the next possible action done by US. If it happens that they would start to accumulate from their national funds, maybe they might consider also to follow what the giants did.

but if they got the green light for the national cryptocurrency reserve fund why there will be any regulatory issue? maybe there is lack of experience in custody of BTC and they chose indirect exposure. about political pressure totally agree because buying BTC using national currency reserve is risky in case of bear market. with seized or mined coins there are no such risks. also there is no information about fund management. all for now is: "fund will be managed by a state investment vehicle and may include foreign partners once operational".

of course the example of USA will be important for all, not only Kazakhstan. but now they only want to use seized BTC and some people think it may be dangerous for BTC holders because there will be more cases and reasons for seizure.

Putting shitcoins into a strategic reserve (that has been created by a country) is surely questionable in terms of justifying doing such a thing, unless the percentages of such shitcoins were to be relatively low.. such as less than 10% the size of the bitcoin for all of the shitcoins put together.. and which ones? and how are they custodied?).  

shitcoins for strategic reserve may be justified for some private fund or investor but buying them for state reserve is very risky. with high probability responsible for such decision person would be fired at best but in general he might even face a criminal case for improper use of funds.

[moneystery]

The article is actually intriguing and it provides investors with an inkling of optimism and enthusiasm to keep believing in the future potential of Bitcoin. But we should not forget that it is not based on certain facts but on speculations.

There's a difference between analysis and speculation. If it's speculation, then the article isn't based on facts, but rather merely the author's personal opinion or conjecture without any solid data. Analysis, on the other hand, is based on facts, historical data, and sound logic... and in the article, the author presents information based on data and analysis that aligns with what happened, and then draws reasonable conclusions that are relevant to current and future conditions.

It is realistic to mention the fact that Bitcoin is becoming more volatile, particularly because more people are beginning to show interest in it. The increased demand will tend to augment the price and market fluctuations.

Volatility is part of Bitcoin... but as time goes on and Bitcoin gains more adoption, Bitcoin's volatility will slowly begin to decrease and Bitcoin will become more stable.

Nonetheless, the actual performance of Bitcoin cannot be accurately forecasted, only the assumption is supported by its past trends. As such, it is okay to think positive but at the same time we have to be careful and make judgments with research and personal judgment other than sensation and emotions.

Bitcoin's actual performance can't be predicted with complete accuracy, but by considering information from previous periods, we can get a sense of Bitcoin's future performance. This approach is widely used by analysts to assess the performance of an asset, whether Bitcoin or other assets. Analysts typically use this data to draw conclusions about the future outlook for that asset. While the results aren't guaranteed, they can be a useful source of information.

[Derekfunds]

Kazakhstan to create a $1 BILLION Bitcoin and crypto reserve
They are considering converting gold and foreign currencies into Bitcoin
https://x.com/BTC_Archive/status/1986777275061174378?t=QhXKmb0MPiYoXy5h_cPUPA&s=19

Putting shitcoins into a strategic reserve (that has been created by a country) is surely questionable in terms of justifying doing such a thing, unless the percentages of such shitcoins were to be relatively low.. such as less than 10% the size of the bitcoin for all of the shitcoins put together.. and which ones? and how are they custodied?).  

I understand certain shitcoins and stable coins have been gaining some popularity recently.. so I would imagine that some of the stable coins may well be considered as a potentially alternate way of getting exposure to the dollar, perhaps?

You are right, I don't see any reason why someone, institutions or Government will add shitcoin on their Bitcoin reserve because it doesn't make any sense. Doing that is more like adding clay to a metal which will definitely go off or put out when subjected to vibration or put inside water and no matter how small the percent of the shitcoin is I don't think it is wise to be join with Bitcoin reserve unless they want to trade it. The fact that shitcoin are gaining popularity now doesn't mean they will continue that way and it is not the first time they are gaining popularity that means they will definitely Dip. Like I said I don't consider it wise or a good strategy.

[Padi24]

Just highlighting here two studies by Deutsche Bank that were already published in this thread, but I wanted to underline more:

	Bitcoin vs. Gold: The Future of Central Bank Reserves by 2030	Gold's reign, Bitcoin's rise: The future of central bank reserves by 2030

These are very interesting reads on why Bitcoin should be integrated into the Central Banking system by 2030.

Note:
All this material is public and available online. No registration required.

I found this paper quite interesting to read because the author briefly reviews how Bitcoin, alongside gold, will be used as a strategic reserve by 2030. He also covers several important topics such as its characteristics, scarcity, advantages, and performance over time, as well as whether it is suitable as a strategic reserve. Their point at the end is also interesting, as they say that Bitcoin's volatility will decrease over time, and people's skepticism and suspicion of Bitcoin will decrease, eventually leading to full acceptance, much like gold did in the past.

Their analysis is quite good and I kind of agree with what they said, because the current trend is that Bitcoin is heading there, where there will be more banks and institutions that will start to be interested in adopting it to diversify their investments.

I think that will be a good initiative more especially as regards to the decrease in volatility, because the length at which the volatile is occurring is way too much for people to bear if not for determination and commitment and also the good reputation that it has kept the panick would have been much,  but the good reputation that it kept is what keeps guys motivated and also stick to the ongoing buying of Bitcoin irrespective of the market situation.

Surely, these issue regarding volatility is holding bank and institutions from not using Bitcoin as reserve, I think if all of this it's being executed I won't be surprised to see Bitcoin going the next level because the adoption is going to be massive.

[ruykeri]

The only aspect where Bitcoin is inferior to gold is precisely its history.
Gold has been around for 4,000 years and has worked perfectly.
Bitcoin has been around for 16 years and has gone from 0% to 10% of the gold market capitalisation.
Hopefully it will take only a few decades to get to 100%, as information and markets are way more efficient than in the past centuries.

Edit: corrected a typo

Bitcoin started from zero in 2009 and has now become a trillion dollar market cap. This is truly incredible. Bitcoin is still in its early stages. Although all the invention  of our modern world were not accepted by everyone at the beginning, they have now become essential. Similarly, in the future, Bitcoin will become an essential part of free transactions, security and the future economic revolution. Another thing in economics is very common knowledge that the less the supply of something, the more its demand increases and the price also increases. Although the supply of gold is less, it is not fixed, but the supply of Bitcoin is fixed, that is why the rate of increase in the price of Bitcoin is much higher than that of gold. That is why the acceptability of Bitcoin is increasing all over the world. Just as the governments of different countries of the world used to keep gold and dollars as reserves, they have now started holding Bitcoin as reserves, which we can see a lot of news in this thread.