Trump campaign advisor: Four countries have approved plans to establish bitcoin strategic reserves
David Bailey, a Trump campaign adviser and CEO of BTC Inc., has revealed that four undisclosed countries have approved plans to establish a strategic bitcoin reserve, and the global bitcoin reserve race is accelerating. Bailey said the concept of a "Bitcoin G7" is rapidly evolving from a joke to a serious discussion, and is expected to form an international organization of the countries with the most bitcoin holdings in the future, with the United States and China likely to be among them.
Meanwhile, Max Keiser, an adviser to El Salvador's president, has hinted that the Muslim world may be on the verge of making an important announcement to include bitcoin in the oil trade settlement system. While no countries have formally announced measures, the US and Brazil have begun to develop legal frameworks for establishing strategic bitcoin reserves. "A bitcoin superpower is a powerful concept, but the total amount of bitcoin is limited and not every country can become a superpower," Bailey stressed.