Global Bitcoin Race Gains Momentum
On March 20, Anthony Pompliano, an investor, highlighted a global Bitcoin race on Fox News. He compared it to the space race, with countries like Russia, Abu Dhabi, El Salvador, and Bhutan actively acquiring Bitcoin.
El Salvador led the way in 2021 by making Bitcoin legal tender. They bought over 2,000 BTC to boost financial inclusion. The Central African Republic followed in 2022, seeing it as a tool for economic growth. Both moves show growing interest in Bitcoin as an alternative financial strategy.
Bitcoin’s hard cap at 21 million coins means most will be mined within a decade.This scarcity could drive its value. Proponents believe countries will compete to own as much BTC as possible. Michael Saylor, a Bitcoin advocate