Proposal for the Establishment of a National Strategic Bitcoin Reserve
Guide for innovative countries – Easier to see
Link to old El Salvador article:
https://www.docdroid.net/Iw5EKJV/bitcoin-el-salvador-one-country-a-fiat-currency-and-bitcoin-pdf
Keep in mind that government entities still officially hold only about 2.5% of the total Bitcoin supply. Notably, countries like Norway and Saudi Arabia indirectly own Bitcoin through investments in publicly traded companies that hold Bitcoin.
Overview of Bitcoin Holdings by Countries and Governments
https://bitbo.io/treasuries/countries
https://bitcointreasuries.net/governments
Follow the State Reserve Race in USA:
https://bitcoinlaws.io/reserve-race
https://bitcoinreservemonitor.com
The European Union and ECB are frustrated with Bitcoin (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877), feeling they were late to the party. They are now doubling down on CBDCs, which they plan to turn into a highly surveilled black box.
Currently 137 countries and currency union, representing 98% of global GDP, are exploring a CBDC. China still does not disclose extensive information about the circulation of E-CNY, which is part of their Currency in circulation.
Bitcoin can be verified on-chain, making it the most transparent currency of choice – unlike CBDCs.
Some of the models Central Banks are currently examining.