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Four nations reportedly plan Bitcoin reserves

Bailey hints at Bitcoin initiatives: David Bailey, BTC Inc.’s CEO, suggests four nations are initiating strategic Bitcoin reserve programs. This move indicates a significant change in how Bitcoin is viewed as an international reserve asset. While details remain undisclosed, the move marks a shift towards greater acceptance and utility of Bitcoin globally.

Potential Bitcoin superpowers emerge: The concept of a ‘G7 of Bitcoin’ suggests an emerging coalition of countries holding substantial Bitcoin reserves. Max Keiser has hinted at Bitcoin’s potential use in oil trade settlements. Bailey notes the growing demand could lead to fierce competition among nations due to Bitcoin’s limited supply.

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