Meta planet CEO Simon Jurevich predicts there will be a global rush for it Bitcoin Accumulation if the US adopts a strategic bitcoin reserve.
In a January 2nd post on X, Growich highlighted the potential chain reaction that a US move to accept Bitcoin could create. He suggested that adoption creates competitive behavior among countries where early movers benefit most while late movers face higher costs.
he expressed:
The adoption of a strategic bitcoin reserve by the United States could create a global domino effect. Starting with game theory, nation-states compete to accumulate Bitcoin, knowing that the last move will pay the highest price.
In a video shared by Bitcoin Magazine, Gerovich went on to emphasize that if the input Donald Trump The government is making good on its commitments to place Bitcoin as a strategic reserve, a move that could set a global precedent and influence countries like Japan to follow suit. He pointed out Japan's historical alignment with American policies and predicted a similar trend in Asia and other regions.
Jurovic also discussed the potential impact on developing countries. He suggested that the adoption of Bitcoin may stabilize the currencies of these countries and strengthen their economies.
Doubts persist
Gerovich's optimism is widely shared by other cryptocurrency enthusiasts, who believe such a move could benefit the top currencies. However, skepticism remains in the industry.
Ki Young Joo, CEO of the company CryptoQuant, was questioned The practicality of such a move, he noted, is that a switch to Bitcoin is likely to occur only if the United States faces a major economic challenge that threatens its global dominance.
Joe compared the proposal to past calls to return to the gold standard, which were rejected in favor of financial innovation. He argued that Bitcoin, like gold, may face resistance due to the risks of relying on one asset.
Joe added:
The notion of buying bitcoins in preparation for the bitcoin standard or as a means of defending the dollar system seems far from the current reality. With global capital pouring into the United States, many still believe the dollar's dominance is secure.
Moreover, market sentiment also reflects this skepticism. Polymarket Predictions suggests There is only a 25% chance that President-elect Trump will introduce a Bitcoin reserve in his first 100 days.
