When the state fomo is unleashed by Bitcoin, its price can do nothing more than up. Bitcoin is still at an early stage of adoption and that is a great opportunity. The international financial system is living an unprecedented metamorphosis, and Bitcoin (BTC) emerges as a fundamental piece in this process. From central governments, companies and even local administrations, they are evaluating with interest the possibilities offered by BTC, indicating that their role in global finances could be consolidated soon. This interest, based on Bitcoin's properties as a strategic resource and a robust alternative to protect value against traditional Fiat currencies, is prepared to transform its position into the markets. Hurry to join this current reflects the desire of people, companies and states to participate in a change that advances by leaps and bounds. In this context, Bitcoin has not yet completely permeated world economic systems, allowing those who make decisions with forecast to position themselves in a privileged way.
El Salvador: Pioneer in state adoption
El Salvador marked a historical milestone under the administration of President Nayib Bukele by becoming the first country to recognize Bitcoin as legal tender. Bitcoin Law, approved by the Legislative Assembly on June 9, 2021, gave Bitcoin the same validity as the US dollar for transactions within the country. Since November 2022, the Salvadoran government has implemented an accumulation strategy, buying 1 BTC daily. To date, the country has accumulated 6,167 BTCpositioning itself as the sixth country with more BTC reserves globally.
El Salvador has accumulated 6,167 BTC since 2021. Source: Nayibtracker. Therefore, El Salvador has not only embraced Bitcoin as a means of exchange, but has integrated it as a key component of its economic strategy. This decision He has inspired other nations and has shown that governments are beginning to see BTC as an asset with a transformative potential Beyond a mere technological curiosity.
Global fever for Bitcoin reserves
The example of El Salvador is not an isolated case. The United States leads Bitcoin accumulation with 198,012 BTCfollowed by China with 190,000 BTC, the United Kingdom with 61,245 BTC and Bután with 12,062 BTC, according to Bitcoin Treasuries data. The creation of Bitcoin reserves has become a growing trend. In the United States, President Donald Trump formalized the creation of a strategic Bitcoin reserve, declaring his intention to position the country as «the world capital of cryptocurrencies.»
Trump established a strategic Bitcoin National Reserve. Source: X. The Executive Order details that Bitcoin's strategic reserve It will initially capitalize with BTC from civil and criminal seizuresas obtained through investigations of illicit activities. However, it is important to note that not all BTC in the government's possession will be available for this reserve: in January 2025, the United States justice urged the Department of Justice to return 94,000 bitcoin to Exchange Bitfinex, stolen in a hacking in 2016, which could reduce the total BTC available for the strategic reserve. In addition, the impulse is not limited to the national level. In the United States, 35 bills have been presented in the legislatures of 20 states, reflecting a growing interest in integrating Bitcoin and other cryptocurrencies in state policies. Jurisdictions such as Florida, Nuevo Hampshire, Texas, Missuri and Western Virginia have made legislative advances to create their own strategic Bitcoin treasures. These initiatives show that Bitcoin is gaining traction not only as a reserve of value, but as a strategic asset with geopolitical and economic implications. Therefore, the fever for Bitcoin reserves is beginning to unleash. As more state governments and entities recognize the value of Bitcoin, the demand for this finite asset will increase, exerting bullish pressure on its price. When the state phomo – just from «Fear of Missing Out», which means «fear of being left out» – that fear of missing a historical opportunity, It is completely unleashed, the price of Bitcoin will have no other option to upload.
Institutional adoption: companies lead the way
Not only governments are hugging Bitcoin; Private institutions and companies are also playing a crucial role in their adoption. The Bitcoin reserves fever has reached the corporate sector, with dozens of companies creating their own Bitcoin treasures as part of their financial strategies. An outstanding example is Strategy, a software company that, under the leadership of its CEO Michael Saylor, He has accumulated more than 553,555 BTC since 2020, becoming Bitcoin's largest corporate holder.
Strategy is the public company with more Bitcoin holdings. Source: Bitcoin Treasuries. Strategy He has used BTC as a treasury asset to protect against inflation And it has issued debt to finance new purchases, a strategy that has generated significant returns for its shareholders. Another remarkable case is Metaplenet, a Japanese company that lies in the stock market and that in 2024 announced its decision to adopt Bitcoin as a reserve asset. Inspired by the Strategy model, Metaplenet has acquired 5,000 BTC, seeking to diversify its balance and take advantage of Bitcoin's appreciation. This institutional adoption reinforces Bitcoin's legitimacy and increases its demand. As more companies follow the example of Strategy and Metaplanet, the pressure on the limited offer of Bitcoin will growcontributing to the increase in its price. The institutional fomo, like the state, will be a key catalyst for the next Bitcoin appreciation wave.
Bitcoin: An asymmetric historical investment
Bitcoin has proven to be the most forceful asymmetric investment in modern history, as indicated by a cryptootic article. Since its inception, when it was worth cents, until reaching tens of thousands of dollars, it has offered spectacular returns. Those who invested in their early years assumed the risk of an misunderstood and criticizedbut obtained profits that exceeded any other kind of asset. Even those who entered later, in 2013, 2017 or after pandemic in 2020, have seen growths that eclipse to stock market rates, real estate and precious metals. What makes digital currency an asymmetric investment is the relationship between its risk and its return potential. The (very unlikely) risk of loss is limited to the capital invested, but the growth potential is exponential. This feature is still valid because BTC is still at an early stage of global adoption. More people have heard of the digital currency without understanding that those who effectively possess it. The investment thesis remains asymmetric because the market has not yet completely internalized what Bitcoin represents: A global, digital, decentralized and finite monetary alternative in a world where Fíat currencies are constantly infected.
Bitcoin's shortage: a value catalyst
One of the main catalysts of the Bitcoin value is its absolute shortage. Unlike gold, whose offer grows at a rate of 1.5-2% per year, or Fíat currencies, whose global offer increases 14% per year, Bitcoin has a supply limited to 21 million units. With 19.8 million already undermined The future increase in supply will be just 6% until the limit is reached. Hunter Horsley, CEO of Bitwise, stressed this point by stating that Bitcoin is «the most scarce value reserve in the world today.» This shortage, combined with the inability to falsify, seize or restrict Bitcoin transactions, makes it a higher version of «digital gold.» Bitcoin is more portable, divisible, auditable and programmable than gold, which makes it attractive to institutions, companies and governments that seek a reserve of modern value. As more actors recognize these advantages, Bitcoin demand will increasereinforcing the upward pressure on its price.
The opportunity for early adoption
Bitcoin It is still at an early stage of adoption, And this represents a great opportunity. Despite its growth, the majority of the world's population does not have Bitcoin, and many of those who have heard of it do not understand their potential. This gap between perception and adoption creates a window for investors, companies and governments to position themselves before mass adoption triggers their value. The state and institutional fomo, that fear of missing a historical financial transformation, will be a turning point. When governments, inspired by El Salvador and the United States, and companies, following the example of Strategy and Metaplanet, compete for accumulating Bitcoin, the limited offer will ensure that the price triggers. Those who invest now, while Bitcoin remains a relatively undervalued asset, will be ahead of this wave. Bitcoin's story has shown that the first to adopt it obtain the greatest rewardsand this dynamic has not changed. On the other hand, state and institutional adoption will not only promote the price, but also legitimize BTC as an essential component of the global financial system. Bitcoin integration into national, state and corporate reserves will send a clear signal to the market: Bitcoin is not a passenger fashion, but a transformative force. This legitimation will attract more investors, creating a virtuous cycle of adoption and appreciation of the price. In short, advancing to governments and institutions in the adoption of Bitcoin offers a strategic advantage. While states and companies begin to accumulate Bitcoin, individuals who already have this asset will be positioned to benefit from their appreciation.
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