Gerovich, whose Japan-based firm is among the world’s largest public company Bitcoin holders, believes early-adopting nations will gain significant advantages.
“The US adopting a Bitcoin Strategic Reserve could trigger a global domino effect. As game theory kicks in, nation-states will race to accumulate Bitcoin, knowing the last to act will pay the highest price,” Gerovich wrote on X on January 2.
🇺🇸 The U.S. adopting a Bitcoin Strategic Reserve could trigger a global domino effect. As game theory kicks in, nation-states will race to accumulate Bitcoin, knowing the last to act will pay the highest price. Fixed supply. Infinite demand. https://t.co/hoFsbW8jvv
— Simon Gerovich (@gerovich) January 2, 2025
In a Bitcoin Magazine video, he suggested that if the incoming Trump administration establishes Bitcoin as a strategic reserve, countries like Japan might follow suit due to their historical alignment with US policy. He added that developing nations could potentially stabilize their currencies through Bitcoin adoption.
The US happens to be the country with the largest Bitcoin holder, with 207,189 BTC valued at nearly US$20 billion seized mostly from criminal activities. It could hold much more in the near future if the Trump administration decides to invest more actively in the world’s biggest cryptocurrency.
Other nations have demonstrated immense success with their Bitcoin holdings. The tiny nations of Bhutan and El Salvador are among the standouts, making huge gains from their massive Bitcoin stockpiles.
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