At Michael Saylor’s high-profile $100,000 New Year’s Eve Bitcoin party in Miami, Simon Jerovich, president and CEO of Metaplanet — often known as Japan’s MicroStrategy — shared his thoughts on the evolving landscape of BTC adoption among governments and businesses. In exclusive interviewJerovich outlined the potential global implications if incoming US President Donald Trump goes ahead with the creation of a Strategic Bitcoin Reserve (SBR).
Asian countries could follow Trump’s lead on Bitcoin
Jerovich stressed the gradual and ongoing integration of Bitcoin into high-level government discussions and corporate strategies around the world. “Slowly but surely, bitcoin is becoming a topic of discussion at the highest levels of government, and companies around the world are beginning to adopt it as the standard for bitcoin,” he said. He also explained Metaplanet’s strategic pivot towards BTC, noting, “In April for us, 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 be the year it all started.”
Addressing the potential impact 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. We hope that President Trump will do what he said he would do, which is make Bitcoin a strategic reserve,” he asserted. Such a move by the United States would likely set a precedent, Girovich posited. It pushes other countries to follow suit, “and then countries around the world will follow.”
By focusing on Japan’s role in this expected shift, Jurovich highlighted the country’s tendency to emulate American policies. “Japan is one of those countries where it looks at the United States as a kind of big brother and is following in its footsteps. So I think if President Trump adopts it as a strategic reserve, Japan and many other countries in Asia will do the same,” he explained.
He also speculated on the broader implications in Asia and the developing world, noting that Bitcoin adoption could serve as a way for these countries to strengthen their currencies. “In a way, it’s as if we’re going to see game theory come full circle. (…) I think a lot of Third World countries in particular see, you know, maybe adopting Bitcoin as a way for currencies to emerge. He added: “It would be Interesting to see.”
Commenting on recent discussions at the Bitcoin conference in Abu Dhabi, Jerovic revealed: “We have heard from a lot of governments in the region. I think this is definitely an objective thing and that they are secretly buying behind the scenes. We hope they will announce it very soon.” He expects that After Trump announces the Strategic Reserve, other countries will publicly acknowledge their Bitcoin holdings “After President Trump announced the Strategic Reserve, I think a lot of other countries will say, actually, we own Bitcoin, too.”
At press time, Bitcoin was trading at $94,325.
Featured image created with DALL.E, a chart from TradingView.com
Comments are closed, but trackbacks and pingbacks are open.