At Michael Saylor's high-profile $100,000 bitcoin New Year's Eve party in Miami, Simon Gerovich, president and CEO of Metaplanet, often dubbed Japan's MicroStrategy, shared his thoughts on the changing landscape of btc adoption among governments and corporations. exclusively <a target="_blank" href="https://x.com/SimplyBitcoinTV/status/1874294157440872807″ target=”_blank” rel=”noopener nofollow”>interviewGerovich outlined the potential global implications if incoming US President Donald Trump moves forward with establishing a Strategic bitcoin Reserve (SBR).
Asian Nations Could Follow Trump's bitcoin Lead
Gerovich emphasized the gradual but persistent integration of btc into high-level government discussions and corporate strategies around the world. “Seeing that bitcoin is slowly but surely becoming a topic of discussion at the highest levels of government, corporations around the world are beginning to adopt it as a bitcoin standard,” he stated. He further explained Metaplanet’s strategic pivot towards btc, noting: “April was 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 become the year it all began.”
Addressing the potential influence of Trump's policies on global adoption, Gerovich expressed confidence in the president-elect's commitment. “I think the bitcoin community in the United States helped elect the president. And then, hopefully, President Trump will do what he has said he will do, which is make bitcoin a strategic reserve,” he said. Gerovich posited that such a move by the United States would likely set a precedent, leading other nations to follow suit. “And then countries around the world will follow.”
Focusing on Japan's role in this anticipated change, Gerovich highlighted the country's tendency to emulate American policies. “Japan is one of those countries where they see the United States as a kind of big brother and follow in their footsteps. That's why I think that if President Trump adopts it as a strategic reserve, then Japan and many other countries in Asia will do the same,” he explained.
Additionally, he speculated on the broader implications for Asia and the developing world, suggesting that btc adoption could serve as a means for these countries to strengthen their currencies. “In a way, it's like we're going to see game theory come full circle. (…) I think a lot of third world countries in particular see, you know, that maybe adopting bitcoin will be a way to display currencies. “It will be interesting to see,” he added.
Reflecting on recent discussions at the bitcoin conference in Abu Dhabi, Gerovich revealed: “We were able to hear from many of the governments in the region. And I think it's definitely something that's an issue and they're secretly shopping behind the scenes. And hopefully they will announce it very soon.” He anticipates that following a strategic reserve declaration by Trump, other nations will publicly acknowledge their btc holdings. “After President Trump announces the strategic reserve, I think a lot of other countries will say that we actually own btc too.”
At the time of publication, btc was trading at $94,325.
Featured image created with DALL.E, chart from TradingView.com
