A recent interview revealed some interesting predictions about what might happen if the US adopts Bitcoin as a strategic reserve.
Bitcoin’s Rise in Government and Corporate Circles
Simon Gerovich, CEO of Metaplanet (often called “Japan’s MicroStrategy”), shared his thoughts on Bitcoin’s growing presence in government and corporate strategies. He’s seeing more and more high-level discussions about Bitcoin worldwide, with companies starting to seriously consider it as a standard. Metaplanet itself is a big believer, having decided in April 2024 to start accumulating Bitcoin for its shareholders. 2024, according to Gerovich, is when it all began for them.
Trump’s Potential Impact: A Global Trigger?
Gerovich believes that if President Trump follows through on his plans to create a Strategic Bitcoin Reserve (SBR), it could have huge global implications. He thinks the US Bitcoin community played a role in getting Trump elected, and hopes he’ll make good on his promise.
He predicts that if the US adopts Bitcoin as a reserve, other countries will quickly follow suit. Japan, in particular, often mirrors US policies, so Gerovich expects them to jump on board.
A Ripple Effect Across Asia and Beyond
This move could be especially significant for Asian and developing nations. Gerovich suggests that adopting Bitcoin could help these countries strengthen their own currencies. He expects a “game theory” play to unfold, with many countries quietly accumulating Bitcoin already. He believes many will publicly reveal their holdings after a US announcement.
Secret Bitcoin Purchases and Future Announcements
Gerovich mentioned attending a Bitcoin conference in Abu Dhabi, where he heard from several governments in the region. He believes these governments are secretly buying Bitcoin and will likely announce their holdings soon. He anticipates a wave of announcements after Trump’s potential SBR declaration.
At the time of this writing, Bitcoin was trading at $94,325.
