Filipino legislador propone creación de reserva estratégica de Bitcoin

Un político filipino está desafiando el status quo financiero con una propuesta revolucionaria: convertir a Bitcoin en reserva nacional estratégica.

Más allá del oro digital

La iniciativa busca posicionar a Filipinas como pionera en la adopción de criptoactivos soberanos, utilizando Bitcoin como cobertura contra la inflación y herramienta de diversificación de reservas—porque confiar únicamente en el dólar es como apostar todo el capital en un solo exchange.

Un movimiento calculado

El legislador argumenta que la naturaleza descentralizada de Bitcoin ofrece protección contra la volatilidad de las monedas tradicionales y las sanciones internacionales. Por supuesto, los bancos centrales tradicionales probablemente fruncirán el ceño—nada molesta más a un banquero central que una tecnología que bypassa su monopolio monetario.

¿El futuro de las reservas nacionales?

Si se aprueba, Filipinas podría establecer un precedente global para la adopción de criptoactivos en las finanzas estatales, demostrando una vez más que en el mundo de las finanzas, a veces los mayores rendimientos vienen de las apuestas más audaces—o de los políticos que finalmente entienden el whitepaper.

Conditions for reserve management

Per the rules proposed by the bill, a year before the 20-year lock-up period ends, the BSP governor would be required to submit recommendations to Congress on whether to extend the reserve or to allow a partial release. 

Even then, the act restricts the disposal of bitcoins, permitting no more than 10 percent of the assets to be sold within any two-year span.

Villafuerte said the framework keeps the asset protected as a national store of value and for its limited, controlled use in the future.

The ICT House committee member also talked about Bitcoin’s recent surge to an all-time high of $108,319 as a strong basis for his proposal. He said the growth outpaces all other asset classes, recording a compound annual growth rate of about 40 percent over the past five years.

The congressman noted that US President Donald Trump backed a similar proposal by Senator Cynthia Lummis of Wyoming for a strategic US Bitcoin reserve. 

According to an early August Cryptopolitan report, the White House has established a strategic Bitcoin reserve, according to Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets. 

Hines said the reserve is not merely under consideration but already in place, even though it was only briefly referenced in a federal crypto strategy paper released earlier on.

Speaking in an interview on Crypto in America, recorded at the White House, Hines confirmed the government’s objective is to accumulate Bitcoin steadily.

Philippines reacts to international developments

The Philippine proposal comes as other governments are integrating Bitcoin into their financial structures. Villafuerte mentioned Switzerland as one government across the Atlantic discussing the addition of BTC as part of its official reserves alongside gold. 

Poland is also considering similar steps, while Hong Kong legislator Wu Jiezhuang has called for the special Chinese jurisdiction to integrate Bitcoin into the city’s reserves.

Villafuerte also said China has amassed significant Bitcoin holdings, and Malaysia has been changing crypto-related regulations to improve its financial system.

“It is vital for the Philippines to stockpile strategic assets such as BTC to serve important national interests,” Villafuerte stressed.

The BSP first acknowledged the use of virtual currencies in the country in 2014. At the time, the central bank warned that digital assets like Bitcoin were unregulated and highly volatile, cautioning consumers that no rules existed to protect them from potential losses.

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