Samson MOW predicts that countries around the world will begin to create strategic reserves in bitcoins, which will push the demand for the first cryptocurrency and significantly increase prices. For example, the Central Bank of the Czech Republic is serious about the emergence of such a reserve:
“I think we will see the faster adoption of bitcoin, unexpected statements, as in the Czech Republic. That is, they are already discussing and vote, they do not “explore opportunities”, but already make decisions. Therefore, I think, in 2025, everything will happen very quickly, ”MOU said.
The head of the Jan3 also noted that the growth of the Bitcoin course will make it “too expensive” even for some countries. The Canadian city of Vancouver, whose mayor is trying to add bitcoin to reserves, but the city council is still studying this opportunity.
“I think the main question is time. Will they be able to decide to buy BTC in the next six months or a year? Because Bitcoin will come out of the reach of most buyers for a year, ”the MOU emphasized.
In conclusion, he stated that a forecast of $ 1 million per bitcoin in 2025 is “very likely”.
Earlier, the crypto industry veteran said that the XRP cryptocurrency should not include state reserves.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
