Before they talk of gold but now also bitcoin

[Minor Miner]

Governments of various countries have adopted Bitcoin as a strategic reserve. Bitcoin plays the biggest role in eliminating the economic shortage of the country.

Which national governments have adopted bitcoin as a national reserve? Because as far as I remember, El Salvador is the only country that has bitcoin reserves, there is no second country that uses bitcoin as a reserve. Most are just rumors, or some are planning like Brazil, but nothing is certain yet.

Bitcoin is just a speculative asset or can be used as a currency, how can it play the biggest role in developing a country's economy? Bitcoin has a lot of potential but don't overhype it, it's just an investment like any other. It is not a magic wand that can solve all the problems of this world.

El Salvador has been adopting bitcoin since 2021 and they are also profiting from it but their economy is on the verge of default. If bitcoin could save them, they wouldn't need to borrow money from the IMF.

[melinoe]

Which national governments have adopted bitcoin as a national reserve? Because as far as I remember, El Salvador is the only country that has bitcoin reserves, there is no second country that uses bitcoin as a reserve. Most are just rumors, or some are planning like Brazil, but nothing is certain yet.

Bitcoin is just a speculative asset or can be used as a currency, how can it play the biggest role in developing a country's economy? Bitcoin has a lot of potential but don't overhype it, it's just an investment like any other. It is not a magic wand that can solve all the problems of this world.

El Salvador has been adopting bitcoin since 2021 and they are also profiting from it but their economy is on the verge of default. If bitcoin could save them, they wouldn't need to borrow money from the IMF.

As for now, Bitcoin is speculated upon - but I don't think it needs to be defined as an asset, especially where things are going to on the world stage..

[justdimin]

Which national governments have adopted bitcoin as a national reserve? Because as far as I remember, El Salvador is the only country that has bitcoin reserves, there is no second country that uses bitcoin as a reserve. Most are just rumors, or some are planning like Brazil, but nothing is certain yet.

Bitcoin is just a speculative asset or can be used as a currency, how can it play the biggest role in developing a country's economy? Bitcoin has a lot of potential but don't overhype it, it's just an investment like any other. It is not a magic wand that can solve all the problems of this world.

El Salvador has been adopting bitcoin since 2021 and they are also profiting from it but their economy is on the verge of default. If bitcoin could save them, they wouldn't need to borrow money from the IMF.

Central Africa tried it as far as I can remember, they are the only two nations that accept bitcoin as legal tender, which means that the government itself also has a reserve for it and that's the most obvious answers. However, there are still plenty of other projects that are in the works for some other nations.

Like USA even wants to consider this as a possibility, not make people use it by force, but at least give that chance, make it legal you know. So there will be some sort of situation that will be very different and could give them some good return when the time comes. We are going to get a good return from our profit when it comes to these nations adding it as legal tender, because if it does happen, price will go up ,and we will get rich.

[Z_MBFM]

Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin

You can click on the link to read it but that topic title and what is written on the link explain it easily.

Just that bitcoin is easier to buy than gold and I prefer it.

Be careful of bear market but bitcoin will grow in long term.

These things bump Bitcoin further. Bitcoin is gradually getting to a point where it seems like the price of Bitcoin will not fall below $100k. Although this is just a matter of emotion, we have seen how much Bitcoin has fallen from Bitcoin's ATH, but the next ATH is at least double the previous one. In that context, we will see the next ATH being more than $250k. What else can be such a profitable investment? Due to this, Bitcoin adoption is increasing at a faster pace. And the speed of Bitcoin's price increase is increasing much more than before.

[melinoe]

Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin

You can click on the link to read it but that topic title and what is written on the link explain it easily.

Just that bitcoin is easier to buy than gold and I prefer it.

Be careful of bear market but bitcoin will grow in long term.

These things bump Bitcoin further. Bitcoin is gradually getting to a point where it seems like the price of Bitcoin will not fall below $100k. Although this is just a matter of emotion, we have seen how much Bitcoin has fallen from Bitcoin's ATH, but the next ATH is at least double the previous one. In that context, we will see the next ATH being more than $250k. What else can be such a profitable investment? Due to this, Bitcoin adoption is increasing at a faster pace. And the speed of Bitcoin's price increase is increasing much more than before.

I wouldn't be so sure.

I would still see the price go under 100k $ after the rally is done, but we can all only speculate to what degree the falloff would be

[purple_sparkles]

Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin

You can click on the link to read it but that topic title and what is written on the link explain it easily.

Just that bitcoin is easier to buy than gold and I prefer it.

Be careful of bear market but bitcoin will grow in long term.

These things bump Bitcoin further. Bitcoin is gradually getting to a point where it seems like the price of Bitcoin will not fall below $100k. Although this is just a matter of emotion, we have seen how much Bitcoin has fallen from Bitcoin's ATH, but the next ATH is at least double the previous one. In that context, we will see the next ATH being more than $250k. What else can be such a profitable investment? Due to this, Bitcoin adoption is increasing at a faster pace. And the speed of Bitcoin's price increase is increasing much more than before.

I wouldn't be so sure.

I would still see the price go under 100k $ after the rally is done, but we can all only speculate to what degree the falloff would be

I think that investing in Bitcoin, like investing in gold, is more about the long term. Therefore, even if you buy Bitcoin at highs now, after a period of several years you will still increase your earnings. The price of Bitcoin is more dynamic than gold. For those who like to create movement, you can play around with "buy and sell" on short cycles, but usually a calm long term will bring the same effect.

[Raflesia]

I think that investing in Bitcoin, like investing in gold, is more about the long term. Therefore, even if you buy Bitcoin at highs now, after a period of several years you will still increase your earnings. The price of Bitcoin is more dynamic than gold. For those who like to create movement, you can play around with "buy and sell" on short cycles, but usually a calm long term will bring the same effect.

In terms of investment, the difference between bitcoin and gold is really only based on the risk involved, because gold clearly still offers the safest risk for investment purposes, but bitcoin offers more than that.

In reality, wherever we invest, it all comes down to our understanding and preparedness, as when someone becomes interested in investing, they will inevitably try to learn about it first. The rest depends on whether the individual is ready to face the risks and undergo the process, especially when dealing with Bitcoin.
Don’t end up diving into Bitcoin without being prepared for the risks involved, which could leave you feeling lost on a path that is actually very promising in the long term.

[HistoLock]

Even as we talk Bitcoin mostly preferred than Gold and those who invest on Gold doesn't know the importance of Bitcoin or I will assumed that they are yet to responsibility of bearing any loses in bitcoin due to its volatility nature of bitcoin, but those who fully understand how operation and function do not panic anymore because knows certain it would bounce back its original price of even increases above the price, just as we didn't know that bitcoin would soar above this level otherwise some other people invest could had accumulated enough volume of bitcoin especially institutional investor or even those while usually influences the market could ending up double bags massively.

Yes you are right those who do not know about Bitcoin and do not have minimum knowledge about it will not like it, but I always like Bitcoin in terms of investment because even if its price falls, it reaches a high level later. Those who always invest think that Bitcoin is the only currency to invest in, there are many who do not know about it, they invest only in gold. I have seen many times that those who have invested in Bitcoin for a long time and reduced it have finally earned good profits. Bitcoin has become the most popular nowadays, so I think it is important to invest in Bitcoin than gold.

[melinoe]

I think that investing in Bitcoin, like investing in gold, is more about the long term. Therefore, even if you buy Bitcoin at highs now, after a period of several years you will still increase your earnings. The price of Bitcoin is more dynamic than gold. For those who like to create movement, you can play around with "buy and sell" on short cycles, but usually a calm long term will bring the same effect.

If we don't want risks - we need to wait for some years to gain stable results, 4-5, I would say.

Otherwise, there may be instances where our BTC is undervalued due to cycles changing themselves.

[Perfectbaby]

Even as we talk Bitcoin mostly preferred than Gold and those who invest on Gold doesn't know the importance of Bitcoin or I will assumed that they are yet to responsibility of bearing any loses in bitcoin due to its volatility nature of bitcoin, but those who fully understand how operation and function do not panic anymore because knows certain it would bounce back its original price of even increases above the price, just as we didn't know that bitcoin would soar above this level otherwise some other people invest could had accumulated enough volume of bitcoin especially institutional investor or even those while usually influences the market could ending up double bags massively.

Yes you are right those who do not know about Bitcoin and do not have minimum knowledge about it will not like it, but I always like Bitcoin in terms of investment because even if its price falls, it reaches a high level later. Those who always invest think that Bitcoin is the only currency to invest in, there are many who do not know about it, they invest only in gold. I have seen many times that those who have invested in Bitcoin for a long time and reduced it have finally earned good profits. Bitcoin has become the most popular nowadays, so I think it is important to invest in Bitcoin than gold.

There are people who actually values Gold due its less volatile nature than Bitcoin but doesn't mean that it doesn't have much attention as I believe for long now Gold has been in existence, and yes Bitcoin is a fast growing digital currency that has taken over the digital space and much attention is being given to it. To crown it all, the current administration of led by Donald Trump as the president has given so much ways to it, making it more acceptable than any other digital currency and since from then the coin has been making waves whereby creating several ATH, and of course, it's extremely attractive for investments even though it's seen as a volatile asset.

[betswift]

There are people who actually values Gold due its less volatile nature than Bitcoin but doesn't mean that it doesn't have much attention as I believe for long now Gold has been in existence, and yes Bitcoin is a fast growing digital currency that has taken over the digital space and much attention is being given to it. To crown it all, the current administration of led by Donald Trump as the president has given so much ways to it, making it more acceptable than any other digital currency and since from then the coin has been making waves whereby creating several ATH, and of course, it's extremely attractive for investments even though it's seen as a volatile asset.

Those who know the traditional way of things for gold, because they see risks in BTC, whereas those who value potential and are truly invested in the matter diversify and go for BTC too, sometimes, mostly in it rather than in gold.

[leonair]

Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin

You can click on the link to read it but that topic title and what is written on the link explain it easily.

Just that bitcoin is easier to buy than gold and I prefer it.

Be careful of bear market but bitcoin will grow in long term.

Bitcoin is an asset like Gold. Gold is a physical asset that can be caught and touched, but Bitcoin is a digital asset that can only be seen as a digit, but it has become so popular worldwide and has gained trust that it is now known as a digital gold. Meanwhile, although the price of gold is gradually increasing, the price of Bitcoin is able to give several times more profit than it at the same time. Due to which everyone's attention is now increasing towards Bitcoin and everyone is becoming more worried about Bitcoin because as time goes by, there will be a Bitcoin crisis in the market because the supply of Bitcoin is very low, which is not able to meet everyone's needs. Therefore, not everyone will have the ability to invest in Bitcoin in the future if they only have money.

[Rustam Meraj]

There are people who actually values Gold due its less volatile nature than Bitcoin but doesn't mean that it doesn't have much attention as I believe for long now Gold has been in existence, and yes Bitcoin is a fast growing digital currency that has taken over the digital space and much attention is being given to it. To crown it all, the current administration of led by Donald Trump as the president has given so much ways to it, making it more acceptable than any other digital currency and since from then the coin has been making waves whereby creating several ATH, and of course, it's extremely attractive for investments even though it's seen as a volatile asset.

Gold is traditional investment that is valued for its stability and has been trusted asset for thousands of years. In contrast Bitcoin is fast growing digital currency that gets much of attention due to its potential for high returns even though it is seen as risky investment. But some believe political support helps Bitcoin popularity its value is ultimately not tied to any single government. Core choice for investors comes down to they prefer reliable less volatile nature of gold or more unpredictable but potentially highreward world of Bitcoin.

[MainIbem]

Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin

You can click on the link to read it but that topic title and what is written on the link explain it easily.

Just that bitcoin is easier to buy than gold and I prefer it.

Be careful of bear market but bitcoin will grow in long term.

Bitcoin is an asset like Gold. Gold is a physical asset that can be caught and touched, but Bitcoin is a digital asset that can only be seen as a digit, but it has become so popular worldwide and has gained trust that it is now known as a digital gold. Meanwhile, although the price of gold is gradually increasing, the price of Bitcoin is able to give several times more profit than it at the same time. Due to which everyone's attention is now increasing towards Bitcoin and everyone is becoming more worried about Bitcoin because as time goes by, there will be a Bitcoin crisis in the market because the supply of Bitcoin is very low, which is not able to meet everyone's needs. Therefore, not everyone will have the ability to invest in Bitcoin in the future if they only have money.

That's why it's been called digital gold, since it has the potential of gold but it's an asset that can't be touched but stored digitally in a wallet although it is popular but it's not yet embraced by everyone however I believe that it has such potential and with the way it's become more valuable over the years, I think a larger population would embrace it in the future. I hear people give excuses that the price of Bitcoin is very high and they can't afford it yet, maybe they're not aware that they can own it in bits and watch it grow, no is the best time to embrace Bitcoin cause in the future it would be much more costlier since the supply would be low compared to the demand by then.

[Kagaru]

That's why it's been called digital gold, since it has the potential of gold but it's an asset that can't be touched but stored digitally in a wallet although it is popular but it's not yet embraced by everyone however I believe that it has such potential and with the way it's become more valuable over the years, I think a larger population would embrace it in the future. I hear people give excuses that the price of Bitcoin is very high and they can't afford it yet, maybe they're not aware that they can own it in bits and watch it grow, no is the best time to embrace Bitcoin cause in the future it would be much more costlier since the supply would be low compared to the demand by then.

I concur with such opinion. Putting the term digital gold on bitcoin is appropriate given that both are regarded as forms of stores of values but the former is significantly easier to purchase and hold as it is a digital asset. It is also lured by the limit of supply since unlike gold, more Bitcoin is not something that you can simply obtain by digging it out of the ground. It is a volatile price particularly when there are bear markets but its prospects are good in long term. Individuals have usually failed to understand that they can purchase a Bitcoin in little quantities and still gain when the price appreciates. I believe that further knowledge will appear in the future when more people start investing in Bitcoin just to increase their revenues.