If Trump Adopts Bitcoin, Expect Japan to Follow suit: Metaplanet CEO

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During Michael Saylor’s high-profile $100,000 Bitcoin Modern Year’s Eve party in Miami, Simon Gerovich, president and CEO of Metaplanet – often called Japan’s MicroStrategy – shared his insights on the changing landscape of BTC adoption among governments and corporations. In an exclusive one interviewGerovich outlined the potential global implications if future US President Donald Trump moves to establish a Strategic Bitcoin Reserve (SBR).

Asian nations may follow in Trump’s Bitcoin footsteps

Gerovich highlighted BTC’s gradual but sustained integration into high-level government discussions and corporate strategies around the world. “Seeing Bitcoin slowly becoming a topic of discussion at the highest levels of government, corporations around the world are starting to adopt it as the Bitcoin standard,” he said. He further described Metaplanet’s strategic pivot towards BTC, noting: “In April, for us, that was the moment when we decided we wanted to embrace Bitcoin, and now all we want to do is accumulate more BTC for our shareholders over time. And so 2024 will be remembered as the year it all began.”

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 US helped elect the president. So let’s hope that President Trump will do what he said, which is to make Bitcoin a strategic reserve,” he confirmed. Gerovich assumed that such a move by the United States would likely set a precedent that would prompt other countries to follow suit. “And then countries around the world will follow suit.”

Focusing on Japan’s role in this anticipated change, Gerovich emphasized the nation’s tendency to imitate U.S. policy. “Japan is one of those countries where the United States actually looks at the United States as its big brother and follows in its footsteps. “So I think that if President Trump actually adopts it as a strategic reserve, Japan and many other countries in Asia will do the same,” he explained.

He then 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 are seeing, you know, maybe adopting Bitcoin will be a way to showcase currencies. It will be compelling to see,” he added.

Reflecting on recent discussions at the Bitcoin conference in Abu Dhabi, Gerovich revealed: “We heard from many governments in the region. And I think that’s definitely a theme and they’re secretly buying something behind the scenes. And hopefully they will announce it soon.” He predicts that after Trump announces strategic reserves, other countries will publicly recognize their BTC holdings. “After President Trump announced the strategic reserve, I think many other countries will say that we actually own BTC too.”

At the time of publication, the BTC price was $94,325.

Bitcoin price, 1-day chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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