Matt Hougan Reacts To Czech Republic’s Bitcoin Reserve Plans
Aleš Michl, the president of the Czech National Bank, revealed in an interview that they are weighing how to use Bitcoin to diversify the country’s reserves. However, he added that there is currently no aggressive strategy in place to make this move. Despite the lack of concrete plans, the governor noted that “Bitcoin is an interesting option for diversification relative to other assets.” Bitwise CIO Matt Hougan reacted to news of the Czech Republic’s Bitcoin strategic reserve plan. Earlier, Hougan predicted that Bitcoin adoption would increase across countries this year, sharing in an X post that “dominoes are starting to fall.”
