Speaking at the “Bitcoin for America” summit, lawmakers announced their plans to create a federal bitcoin reserve that would see the U.S. buy one million BTC.
As Bitcoin continues to dominate the financial landscape, Rich Rines of Core DAO explores its evolution—delving into institutional adoption, DeFi expansion, and its potential as a global reserve asset.
The Czech National Bank (CNB) is considering a 5% Bitcoin allocation, surpassing its gold reserves. If approved, this move could reshape the future of national reserve assets.
Arguing for a bitcoin only reserve fund, and against the inclusion of any other cryptocurrencies, is ultimately a futile fight when the public at large doesn't see the difference.
The United States throwing its weight behind Bitcoin would effect a massive shift in the game theory underpinning Bitcoin, but probably not in the way you think.
