Bitcoin is increasingly lucrative for big investors both from the company and state levels.

Bitcoin is increasingly lucrative for big investors both from the company and state levels. Most recently, US president-elect Donald Trump is rumored to be forming a Bitcoin Reserve.

Bitcoin's increasing allure for large investors, from corporations to governments, has become undeniable. Recently, US president-elect Donald Trump has sparked rumors of establishing a Bitcoin Reserve.

Trump's plan could bolster the US's position as a pro-crypto nation, potentially leading other countries to follow suit, including the US's rival, China.

SkyBridge crypto figure and managing partner Anthony Scaramucci predicts that China will begin officially adopting Bitcoin by the end of 2025. Scaramucci's prediction comes amid increasing global attention on Bitcoin, particularly following Trump's election in the US.

During his campaign, Trump openly voiced his support for Bitcoin, promising to establish Bitcoin reserves or a Bitcoin strategic stockpile in the country. The policy has not only drawn international interest but also sparked discussions in nations like Canada, Brazil, and Russia regarding the possibility of adding Bitcoin to their national reserves.

The trend coincides with the continuous buildup of Bitcoin holdings by major corporations, which has pushed the price of the digital asset to over US$100,000 (Rp1.6 billion) per coin.

At the 2024 MENA Bitcoin Conference, held on December 9-10, Scaramucci expressed optimism about the US's move to adopt Bitcoin.

According to Scaramucci, the US's effort will pressure other nations, including China, to reconsider their harsh stance on digital assets. He anticipates that China may include Bitcoin in its national reserves or even legalize crypto mining activities officially.

As is known, China has been blocking Bitcoin since 2013 through its central bank, the People's Bank of China (PBOC). In 2017, the Bamboo Curtain nation banned initial coin offerings (ICOs) and crypto trading. Furthermore, in 2019, China imposed a strict ban on Bitcoin mining activities.

The厳しい姿勢は続き、2021年9月にはPBOCがすべての仮想通貨取引とマイニング活動を禁止する方針を公式発表。これにより現在の仮想通貨市場に影響が出ている。

Scaramucci is not the only one predicting the possibility of China adopting Bitcoin. Former Binance CEO Changpeng Zhao also shared his thoughts at the same conference. Zhao anticipates that smaller nations will adopt Bitcoin before larger countries like China follow suit.

While acknowledging that China's policies can be unpredictable at times, Zhao believes that the establishment of Bitcoin reserves is inevitable, given that Bitcoin is viewed as an asset that can hedge against inflation.

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