Hey Amy, did you hear that Samson Mow suggested Germany should buy a ton of Bitcoin for their national reserve?

Yeah, I saw that! He even spoke about it at the German Bundestag. It’s a bold idea, for sure.

So, why does he think Germany needs Bitcoin as a reserve? Isn’t that what countries use gold for?

Great point! Mow believes Bitcoin is like a digital version of gold. It’s scarce, and unlike traditional currencies, it isn’t controlled by any government.

Oh, right. Because Bitcoin has a fixed supply, only 21 million coins ever.

Exactly! He thinks holding Bitcoin could help Germany diversify its financial system and reduce dependence on traditional currencies, like the U.S. dollar or the euro.

Interesting. How much Bitcoin did he say Germany should get?

281,267 BTC! He made that number public on X. It’s a huge amount, worth billions of euros.

Wow, that’s serious. Did any German politicians seem open to the idea?

Well, his speech brought together some Members of Parliament and Bitcoin supporters. There’s definitely interest, but it’s still a big leap for a country like Germany.

Has this happened anywhere else before?

Yes, actually. Mow was involved in El Salvador’s adoption of Bitcoin as legal tender. He helped them use Bitcoin as a national reserve to support their economy.

Right, I remember El Salvador. But do you think a big country like Germany would ever take that step?

It’s hard to say. A move like this would make a big statement and could influence other countries. But there are risks, too, like Bitcoin’s price volatility.

Yeah, Bitcoin’s value can swing wildly. What about other countries? Are they thinking about holding Bitcoin too?

There’s definitely growing interest. For example, there are rumors in the U.S. that Donald Trump might announce a Bitcoin reserve at a future conference. But nothing is confirmed yet.

That’s wild! If countries really start doing this, it could change how we think about national reserves.

Totally. It’s like a new financial experiment. If Bitcoin keeps gaining trust, we might see more governments adding it to their reserves.

Well, I guess we’ll just have to watch and see. Crypto never stops surprising us!