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Bitcoin

The Czech Central Bank President suggests an investment of 5 % of the country’s reserves in Bitcoin (BTC)

It is said that the President of the Czech National Bank proposes an investment of 5 % of the country’s reserves in Bitcoin (BTC).

In a new interview with Financial Times, Alex Michl He says He plans to suggest a bitcoin reserve strategy at the meeting of the Board of Directors of the Bank of Seven members on Thursday, which may make it the first central Western bank with encryption.

“The bank can invest up to 5 % of the 140 billion euros ($ 146 billion) reserves ($ 146 billion) in Bitcoin.

He believes that the main encryption assets are an opportunity to increase the diversification of an investment portfolio in the country and generate greater returns.

Michl refers to Bitcoin more, such as the funds circulating in the immediate market exchange (ETFS), and the pro -quarter pro -US President Donald Trump, who ordered a study to create a national stock of digital assets.

He notes that even without Trump’s actions, Bitcoin believes will continue to rise in value.

“In order to diversify our origins, Bitcoin looks good. Those [Trump] Men can now create some bubbles for Bitcoin, but I think the trend will be an increase without these men as well, because it is an alternative [investment] For more people. ”

Michl admits his views of conflicts from other bankers, but he believes he will lead to a best performance investment portfolio.

“Of course, if I compare my position with other bankers, I am the person who enters the forest or the pioneer. I used to run an investment box, so I am a typical banker I would like to say, I love profitability.”

Bitcoin is trading for $ 102,547 at the time of this report.

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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

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