Do you think the Bitcoin Reserve would be accepted by the EU?

[NotATether]

The European Union will never adopt a Bitcoin reserve because they have crypto-phobia.

They regulate too much and it hurts new innovation and disrupters, while helping the incumbents and the big guys.

[bounceback]

The European Union will never adopt a Bitcoin reserve because they have crypto-phobia.

They regulate too much and it hurts new innovation and disrupters, while helping the incumbents and the big guys.

Surely, the European Union never have ideas for accepting bitcoin as legal transaction payment because the have crypto phopia, learned from one most influence country of The European Union is Germany have sold all seized bitcoin assets and looks most of them not interested for adopting bitcoin.
But have funny side from the Europe Union have any of their member seized bitcoin assets from any project indicate scam but all of bitcoin seized sold by them not refund yet for victim person.

[God Of Thunder]

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I do not live in the US or the EU, so I don't really know what is going on there. But I have a feeling that if the US implements the strategic reserve that they have planned already, sooner or later, the EU countries and other countries will have to follow suit as well. Bitcoin users are from all over the world.

People from all over the world will invest, and the US will only benefit from their investments. If the EU countries realize that, I think they will follow the same path.

[Jujuboy]

Reviewing the hot news about the establishment of a Bitcoin Strategic Reserve, the US President Donald Trump a supporter of crypto with the establishment of a Strategic Reserve for Bitcoin has integrated cryptocurrency into his nation's economy.

It is obvious that most countries stoop, watching the possible benefits of this move to the nations economy while others are already getting motivated on joining the trend.

In relation with the European Union regarding this establishment, I saw a news post expressing that this move of a Bitcoin Strategic Reserve and the US support for dollar-backed stable coin could harm the EU financial stability. The phobia of the European Currency declining is now a major factor subjecting them.

Do you feel they would probably overcome this challenge and embrace the current trend?

What the U.S. is doing is a bold move. If the EU is affected, I think they will take action. Plus, having a crypto reserve could also help solve the issue, so there might be a solution to the incoming problem, buddy.

[0t3p0t]

Some countries may be apprehensive or want to wait for the American experience to see the advantages and disadvantages, but I'm confident they will eventually overcome their fear and perhaps rush to build a strategic reserve of Bitcoin before it's too late.

Yeah I am thinking the same thing as well. America has guts on making Bitcoin as strategic reserve but some other countries don't have that and they really are waiting to see what will be the result regarding America's move and probably if things go badly or great it's in the hands of the US's what other countries decision will be and hopefully it turns out to be successful and effective in the long run.

[Mr. Magkaisa]

          -      It's not impossible to happen because the US is the most influential country in this generation. We just don't know if it will happen during Trump's term, it's possible that they will do it before Trump's term ends.

It's also possible that it will happen after Trump's term as president of the US, because they may first see the effect of this on the US before they try what the US has done. What do you think?

[dekafee79]

Some countries may be apprehensive or want to wait for the American experience to see the advantages and disadvantages, but I'm confident they will eventually overcome their fear and perhaps rush to build a strategic reserve of Bitcoin before it's too late.

Yeah I am thinking the same thing as well. America has guts on making Bitcoin as strategic reserve but some other countries don't have that and they really are waiting to see what will be the result regarding America's move and probably if things go badly or great it's in the hands of the US's what other countries decision will be and hopefully it turns out to be successful and effective in the long run.

If the US decision is successful in choosing bitcoin as a strategic reserve fund, of course other countries will follow suit.
because currently it seems like other countries are waiting, whether this US step will succeed or not.
but as crypto lovers we should remain optimistic, because at the beginning of its launch bitcoin also did not get support from the government, but it still survives until now

[Gurujebs]

          -      It's not impossible to happen because the US is the most influential country in this generation. We just don't know if it will happen during Trump's term, it's possible that they will do it before Trump's term ends.

It's also possible that it will happen after Trump's term as president of the US, because they may first see the effect of this on the US before they try what the US has done. What do you think?

They are  influencial and had promised reserve but what do we really get now after the promise they made? It has not been significant only the post election was effective to the price. Unless they really but this coin and let the crypto community know they are buying more coins, that's the only way we can be sure they are serious about the reserve.

There wouldn't be any comfirmation of reserve from US if other countries are not seeing what US is actually doing and I hope they can throw away that talk of using altcoins as reserve, it will only damage the purpose of reserve because we know exactly what altcoins does.

[NotATether]

Surely, the European Union never have ideas for accepting bitcoin as legal transaction payment because the have crypto phopia, learned from one most influence country of The European Union is Germany have sold all seized bitcoin assets and looks most of them not interested for adopting bitcoin.
But have funny side from the Europe Union have any of their member seized bitcoin assets from any project indicate scam but all of bitcoin seized sold by them not refund yet for victim person.

Exactly. And what are they going to do with all that seized crypto anyway? Probably give it to Ukraine without a plan for it, I guess.

These past few years the EU has gone unhinged when it comes to crypto, and they are so mad that they can't stop it by themselves.

[Mr. Magkaisa]

          -      It's not impossible to happen because the US is the most influential country in this generation. We just don't know if it will happen during Trump's term, it's possible that they will do it before Trump's term ends.

It's also possible that it will happen after Trump's term as president of the US, because they may first see the effect of this on the US before they try what the US has done. What do you think?

They are  influencial and had promised reserve but what do we really get now after the promise they made? It has not been significant only the post election was effective to the price. Unless they really but this coin and let the crypto community know they are buying more coins, that's the only way we can be sure they are serious about the reserve.

There wouldn't be any comfirmation of reserve from US if other countries are not seeing what US is actually doing and I hope they can throw away that talk of using altcoins as reserve, it will only damage the purpose of reserve because we know exactly what altcoins does.

      -      I think they are serious because Trump's executive order as president of the US has already done this, but with what is happening now, it seems like they are not prioritizing it yet, as if there is a right time for them to focus on it or it is already scheduled for them.

Maybe we, the community here in the crypto space industry, should just wait and trust what Trump says about the promises he has made to our bitcoin
or crypto enthusiasts in this field.

[bhadz]

Do you feel they would probably overcome this challenge and embrace the current trend?

I don't think that they are going to embrace it currently. If the US is adopting bitcoin reserve and the matters about it positively. It is unlikely that they are going to adopt it on how US adopted it. There is also some conflict between the two nations. And that's why economically, they're not going to be adept with how these trends are going with different sides of the world. Maybe not today but maybe soon.

[dave_strider]

Do you feel they would probably overcome this challenge and embrace the current trend?

I don't think that they are going to embrace it currently. If the US is adopting bitcoin reserve and the matters about it positively. It is unlikely that they are going to adopt it on how US adopted it. There is also some conflict between the two nations. And that's why economically, they're not going to be adept with how these trends are going with different sides of the world. Maybe not today but maybe soon.

Yep. Two completely different beasts of their own league.

There are not such wild cards such as Trump in the EU currently, as far as I see it.

[TomPluz]

The European Union will never adopt a Bitcoin reserve because they have crypto-phobia. They regulate too much and it hurts new innovation and disrupters, while helping the incumbents and the big guys.

In between the United States and EU, there is no question that right now EU is less friendly to the whole idea of cryptocurrency and surely there is a less chance that a Bitcoin Reserve concept will find conceivable and feasible support from the people in power. Seems to me that the core principle of Bitcoin and cryptocurrency is going against the very mindset of many elite and ruling class in Europe. Though let's not close this thing over as we don't know the future who knows someone like Trump will come into power and make the changes necessary for cryptocurrency to further grow and be accepted by the government and the people.

[dave_strider]

In between the United States and EU, there is no question that right now EU is less friendly to the whole idea of cryptocurrency and surely there is a less chance that a Bitcoin Reserve concept will find conceivable and feasible support from the people in power. Seems to me that the core principle of Bitcoin and cryptocurrency is going against the very mindset of many elite and ruling class in Europe. Though let's not close this thing over as we don't know the future who knows someone like Trump will come into power and make the changes necessary for cryptocurrency to further grow and be accepted by the government and the people.

Maybe some countries in EU will go for CBDCs eventually or be swayed to BTC at least in some regions - we never know, but I do hope there will be competition, because in it, progress is born.

[Blaze]

Do you feel they would probably overcome this challenge and embrace the current trend?

I don't think that they are going to embrace it currently. If the US is adopting bitcoin reserve and the matters about it positively. It is unlikely that they are going to adopt it on how US adopted it. There is also some conflict between the two nations. And that's why economically, they're not going to be adept with how these trends are going with different sides of the world. Maybe not today but maybe soon.

Every country has its own approach to setting up the policy in the financial sector especially for something like Bitcoins, especially when the topic under discussion is technology that is still in its infancy as far as the perception of most parties is concerned. When there is conflict in two parties, major decisions are often slowed down despite the fact that the benefits of such decisions may be evident. The fact that many do not availing themselves of an innovation is not because they do not afford the values it has to offer but rather the reference framework of International relations is still protruding. γν Such if one country dominates the global narrative while others feel the need to reposition themselves away from the oppressor, then adoption of something like it can be postponed for quite a while. They are not backward, they can, but they prefer to preserve the orientation of their own policy.