Philippines Dey Mind 20-Year Strategic Bitcoin Reserve
Bangko Sentral ng Pilipinas (BSP) dey look into how dem fit create one beta Bitcoin reserve wey go lock for 20 years. Dis Bitcoin reserve na to diversify how country dey keep foreign money and to protect against inflation as money matter dey shake worldwide. Under dis plan, BSP fit put fixed percentage of their assets inside Bitcoin, lock am for 20 years so e no go quickly change and show say dem serious for digital assets for long term. People wey dey support am talk say e go help diversify portfolio better plus make dem fit make money if Bitcoin price rise later. The plan still dey wait for Monetary Board to check am and make technical assessment. Traders fit see dis as good sign for institution dem to start dey use Bitcoin and support price for long term.
Bullish
Central bank plan to hold Bitcoin as strategic reserve wit 20-year lockup strong bullish sign. History show, like El Salvador adopt BTC, say official backing fit increase institutional demand and market sentiment better. Short term, traders fit see more volatility as details show, but long term outlook positive: formal reserve make Bitcoin credible, encourage more central bank involvement, and support sustained price rise.