POODL Positioned for Continued Gains as Bitcoin Eyes National Reserve Status
- WBOYOriginal
- 2024-09-07 18:16:15454browse
Maria Corina Machado – the former Deputy of the National Assembly of Venezuela – proposed using BTC as a national reserve asset in an interview today.
Bitcoin (BTC) price crumbled further on Friday as it slid to under $54,000. The world’s largest digital asset now trades at a loss of more than 70% from its all-time high of $192,000. Despite the steep decline from its record peak, BTC still managed to clock in a gain of over 1,300% in 2024.
The legal troubles of several crypto exchanges and the regulatory clampdown by the US Securities and Exchange Commission (SEC) also weighed on the crypto market this year.
On the positive side, several politicians and government officials explored the idea of using Bitcoin as a strategic national reserve in 2024.
The US government is already a top holder of BTC with more than 200,000 Bitcoins in its ownership. If countries do adopt Bitcoin as a reserve, it could significantly benefit other crypto projects like Poodlana.
Venezuelans are turning to BTC amid financial instabilityFormer Deputy of the National Assembly of Venezuela Maria Corina Machado used an interview on Friday to describe Bitcoin as a “humanitarian tool” that Venezuelans are turning to in a bid to shield their wealth from the country’s ongoing financial instability.
She went on to say that BTC is incorruptible and has the potential to help build a “new Venezuelan democracy.”
According to Machado, Venezuelans are losing trust in the government and its institutions. They now see Bitcoin as their only hope for a better future.
If countries switched to Bitcoin as a national reserve, it will not only provide an unprecedented boost to demand but also add to the legitimacy of BTC as a store of value and a global financial asset.
That strength will trickle down to other crypto projects like Poodlana, which recently raised $8 million via its presale. You can learn more about its native POODL meme coin on this link.
Poodlana is positioned for continued gains Donald Trump is also eyeing Bitcoin as a national reserve to address the country’s massive debt as a presidential candidate.
Un tel changement de politique pourrait être significatif pour Bitcoin car il pourrait minimiser la volatilité et inciter les pays à investir de manière agressive dans l'exploitation minière BTC, l'infrastructure de nœuds et les technologies associées.
Dans l’ensemble, une réserve stratégique de Bitcoin augmentera probablement la crédibilité de l’industrie de la cryptographie dans son ensemble, ce qui pourrait bénéficier de manière significative à des sociétés comme Poodlana qui ont déjà fait des vagues en 2024.
Poodlana est positionné pour des gains continus au deuxième semestre car il a déjà franchi plusieurs étapes au premier semestre.
La pièce meme basée sur Solana֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯ ּ֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯ ּ֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯ ּ֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯ ּ֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯ ּ֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯ ּ֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯ ּ֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯ ֯֯֯֯֯֯֯
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