At Michael Saylor’s high-profile New Yr’s Eve $100,000 Bitcoin celebration in Miami, Simon Gerovich, President and CEO of Metaplanet—typically dubbed as Japan’s MicroStrategy—shared his insights on the evolving panorama of BTC adoption amongst governments and companies. In an unique interview, Gerovich outlined the potential world implications if incoming US President Donald Trump strikes ahead with establishing a Strategic Bitcoin Reserve (SBR).
Asian Nations Might Follow Trump’s Bitcoin Lead
Gerovich emphasised the gradual but persistent integration of BTC into high-level governmental discussions and company methods worldwide. “Slowly but surely seeing Bitcoin becoming a topic of discussion at the highest levels of government, corporations around the world beginning to adopt it as a Bitcoin standard,” he said. He additional elaborated on Metaplanet’s strategic pivot in direction of BTC, noting, “In April for us that’s when we decided that we wanted to adopt Bitcoin and now all we want to do is accumulate more BTC over time for our shareholders. And so 2024 will go down as the year where it all began.”
Addressing the potential affect of Trump’s insurance policies on world adoption, Gerovich expressed confidence within the president-elect’s dedication. “I do think that the Bitcoin community in the US helped elect the president. And so hopefully President Trump will do what he has said that he will, which is to make Bitcoin a strategic reserve,” he affirmed. Gerovich posited that such a transfer by the US would seemingly set a precedent, main different nations to observe go well with. “And then countries around the world will follow.”
Specializing in Japan’s position on this anticipated shift, Gerovich highlighted the nation’s tendency to emulate US insurance policies. “Japan is one of those countries where they do look to the US as sort of their big brother and follow in their footsteps. And so I think if President Trump does adopt it as a strategic reserve, then Japan and many other countries in Asia will do the same,” he defined.
He additional speculated on the broader Asian and creating world implications, suggesting that BTC adoption may function a method for these international locations to bolster their currencies. “In a way, it’s sort of like we’re going to see the game theory play out in full circle. […] I think a lot of the third world countries in particular that see, you know, perhaps adopting Bitcoin will be a way to show up currencies. It’s going to be interesting to see,” he added.
Reflecting on latest discussions from the Bitcoin convention in Abu Dhabi, Gerovich revealed, “We got to hear from a lot of the governments in the region. And I think it’s definitely something that is a topic and they are secretly buying kind of behind the scenes. And hopefully they will announce quite soon.” He anticipates that following a strategic reserve declaration by Trump, different nations will publicly acknowledge their BTC holdings. “After President Trump announces the strategic reserve, I think a lot of other countries will say, actually, we own BTC as well.”
At press time, BTC traded at $94,325.
Featured picture created with DALL.E, chart from TradingView.com
