Bitcoin Updates: Bukele Frames Bitcoin as a Cultural Movement to Counter Worldwide Fiat Supremacy
- El Salvador's Bukele advances Bitcoin as legal tender, establishing 5,800 BTC reserves and planning Bitcoin banks by year-end. - Germany's AfD and France's Ciotti propose national Bitcoin reserves, citing monetary sovereignty and inflation resistance amid EU policy shifts. - Market optimism grows with $931M inflows into Bitcoin products, despite quantum computing risks threatening $188B in dormant coins. - Critics warn of regulatory challenges and technological vulnerabilities, as nations balance Bitcoin
President Nayib Bukele of El Salvador remains a strong advocate for
El Salvador’s bold move has drawn comparisons to new developments in Europe, where countries like Germany and France are rethinking their approach to digital assets. Germany’s Alternative for Germany (AfD) party has suggested that Bitcoin be treated as a strategic reserve asset, calling for exemptions from EU MiCA rules and the creation of a national Bitcoin reserve, according to Coinotag. This comes after the controversial 2024 sale of 50,000 BTC—confiscated from criminal cases—valued at over $6.5 billion at current rates. AfD leaders claim that Bitcoin’s decentralized and inflation-resistant nature makes it a powerful tool for strengthening monetary independence and protecting against EU fiscal policies, as reported by CryptoTimes
These initiatives point to a growing trend among governments to view Bitcoin not just as a speculative asset, but as a strategic reserve. U.S. President Donald Trump has also voiced support for a "national Bitcoin reserve" to rival China and other major economies, according to CryptoTimes. Institutional demand remains high, with Bitcoin investment products attracting $931 million in inflows during the week ending October 24, 2025, despite ongoing price swings, as noted by TradingView. Nevertheless, significant risks remain. The Human Rights Foundation recently cautioned that advances in quantum computing could compromise Bitcoin’s cryptography within five years, endangering up to $188 billion in inactive coins, including those tied to early addresses possibly belonging to Satoshi Nakamoto, as reported by Yahoo Finance
Optimism in the market is being driven by bullish forecasts from industry leaders. Michael Saylor of MicroStrategy and financial author Robert Kiyosaki both predict that Bitcoin could hit $200,000 by the end of the year, pointing to the cryptocurrency’s long-term strength despite short-term fluctuations, according to BeInCrypto
Despite the enthusiasm, some warn of the dangers of excessive regulation and technological vulnerabilities. The AfD’s call for clearer tax rules—such as keeping a 12-month holding period for capital gains tax exemptions—reflects efforts to encourage adoption while avoiding regulatory overreach, as Coinotag notes. Yet, unresolved issues like quantum computing threats and regulatory ambiguity, especially under MiCA, persist. As President Bukele frames Bitcoin as a "cultural revolution," the balance between policy, technology, and market forces will ultimately decide whether countries can realize its benefits without exposing themselves to major risks, according to Coinfomania.
