Bitcoin's impact on which country in the next four years

[hd49728]

True that. There's no doubt that bitcoin is now one of the primary goals major countries to hold as a reserve asset.
It's slowly becoming more valuable than Gold believe it or not. This is why we are seeing the rise of institutional interest in bitcoin.
Those who hold on to their bitcoins will the reap the benefits though. There's only a limited supply and everyone wanna get their hands on bitcoin.
How spicy is that.

Because Bitcoin is very "spicy" with governments and institutional investors, gamblers like Strategy must be very careful. Governments and other institutional investors can not create more bitcoins so if they want to buy bitcoin, especially buy at cheap prices, they will have to make the market crashes, and take over bitcoins from weak investors.

Triggering a market crash, a death spiral on companies like Strategy can be helpful, so Strategy must be very careful with their company's risk management. Otherwise, a death spiral like Terra might happen with Strategy in the future, I am very doubtful about sayings like Strategy will not be liquidated.

[Smack That Ace]

We forget that some countries now have Bitcoin reserve banks or are planning to do so because they see a future possibility of it being a major sovereign geopolitical chip and that makes it the more of a strategic play as a nation to own it as citizens are doing and large corporations are doing too.
Anyone holding more of Bitcoin's shares out of the 21 million cap ultimately wins the wealth and lead status role and that defines a whole new concept of wealth and value on a different level.

True that. There's no doubt that bitcoin is now one of the primary goals major countries to hold as a reserve asset.
It's slowly becoming more valuable than Gold believe it or not. This is why we are seeing the rise of institutional interest in bitcoin.
Those who hold on to their bitcoins will the reap the benefits though. There's only a limited supply and everyone wanna get their hands on bitcoin.
How spicy is that.

I do not deny the potential of Bitcoin, and I also believe that those who hold it will achieve significant financial gains in the future. But I want to say that Bitcoin is currently neither a priority nor part of the financial strategy of any government or central bank. We have not reached that stage yet.

I also do not see any scenario in which Bitcoin becomes a major sovereign geopolitical asset. We can be optimistic about the future of Bitcoin, but we also need to remain realistic.

Finally, I do not think it will surpass gold in market capitalization or replace gold's role in the economy.

[retreat]

I think that Bitcoin will continue to function as a strategic reserve for countries. Because if we hope that it will be legalized as a legal currency, it is unlikely since it will be in contrast to fiat currency which is prioritized by the government. Most likely it will be a strategic reserve that functions like what some countries do now – and that's not just for a 4 year period, but perhaps in the long term in accordance with the objectives of the strategic reserve.

[stompix]

Bitcoin has been around for more than a decade and a half, serving as a digital currency and network around the world.

Bitcoin has existed as a digital currency for less than the period you indicated.

The first transaction using Bitcoin as a currency happened in 2009, the last one happened probably seconds ago.
Unless I'm mistaken and this year is not 2026, that makes exactly 17 years of it being used a currency, which is more than one and a half decades.

That country has been investing in BTC for about 6 years, and in that period the public debt increased by some $5 billion, and the poverty rate by about 10% (over 30% in total). At the same time, the country depends on IMF money, which in turn is blackmailing the president into not investing anymore in BTC, and they managed to make it cease to be legal tender.

I've never believed that a country would change economically because of Bitcoin, not in this decade at least, but with El Salvador it's like we hit the jackpot of the worst case we could apply to and expect some results from it. Quite ironically, then there was the talk about CAR, I always wondered which one would be next, South Sudan or Burundi!
To be honest, even Bitcoin showed its limits here, ignoring Bukele's false claims about mining and the Bitcoin City and else, even people from El Salvador discarded it as a way to get remittances from the US, almost everyone saw it as a MG/WU killer and it turned out to be another disappointment.


 

[Agbamoni]

I had never reasoned that it would get to a point where Bitcoin would be used to measure economic power. Like, does it matter if the US has more possession of Bitcoin in its strategic reserve? What is stopping other countries from holding more Bitcoins in their reserve? It has cost the US a large amount to stay in the war with Iran, and yet they were able to get hold of a substantial amount of Bitcoin for the next 20 years. Bitcoin has no control. Other countries are free to hold as many Bitcoins as they want.

[fuguebtc]

I think that Bitcoin will continue to function as a strategic reserve for countries. Because if we hope that it will be legalized as a legal currency, it is unlikely since it will be in contrast to fiat currency which is prioritized by the government. Most likely it will be a strategic reserve that functions like what some countries do now – and that's not just for a 4 year period, but perhaps in the long term in accordance with the objectives of the strategic reserve.

Currently, not many countries have added Bitcoin to their national reserves. Even countries that already hold Bitcoin, such as the United States, mostly hold Bitcoin seized from criminal. They are still not willing to use public fund to buy Bitcoin. This shows that they still have doubts about it and do not fully trust it yet

As long as government  and central bank are still not willing to use public funds to buy Bitcoin the same way they buy gold,  I do not think Bitcoin can be considered a true reserve asset.