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The Central Bank of the Czech Republic has just bought BITCOIN for the first time in history.
A small amount, but the point is what this REALLY means.
The BIGGEST asset run in modern history is just beginning.
Let's see why this is game theory on a brutal level:
The Czech Republic is not a desperate country trying anything.
It is a RESPECTABLE member of the European Union. OECD. Solid institutions. Conservative central bank.
And along with the announcement, they published a COMPLETE technical analysis justifying the purchase of bitcoin.
This will go down in history.
Because what the CNB did wasn't just buying bitcoin.
It was kicking the first domino in an inevitable cascade.
Imagine you are the president of the central bank of Poland. Or Hungary. Or any neighboring country.
You wake up and read this news.
You have 3 options:
OPTION A - Ignore: "Bitcoin is volatile, it's not for serious central banks"
OPTION B - Investigate: "Maybe we should at least study this"
OPTION C - Act: Create your own test portfolio
And the worst part:
The longer you wait, the WORSE your position becomes.
If you are the central bank that waits, and 5-10 other banks start buying while you "study," you will have to buy MUCH more expensively later.
And you will have to explain to your government: "Why are our neighbors preparing for the future and we are not?"
CNB didn't just buy bitcoin.
They published the complete MANUAL:
✅ Technical analysis justifying the decision ✅ Legal framework showing that it is permitted ✅ Operational process of custody and management ✅ Innovation lab to test blockchain
Any other central bank can literally COPY and paste their work.
The barrier to entry? DESTROYED.
Imagine the cascade:
PHASE 1 - The Awakening (we are here): CNB: US$ 1 million ✅ 5-10 small/medium central banks initiate "test portfolios" Total: US$ 50-100 million
PHASE 2 - The Legitimation: A large central bank puts 0.5-1% of reserves This means US$ 500 million to US$ 5 BILLION from a single institution Institutional FOMO begins
PHASE 3 - The Race: The question changes from "Why should we?" to "Why AREN'T we?"
Emerging Market Central Banks ACCELERATE Each purchase permanently removes supply from the market
Exponential price discovery
What CNB did is absurdly bullish for bitcoin because the dynamics are completely ASYMMETRICAL:
Risk of NOT buying: If bitcoin becomes part of the global financial infrastructure and/or a reserve asset on par with gold and the dollar, you're left behind and will have to buy MUCH more expensively later.
Risk of buying: Bitcoin is volatile. But if you buy only 1% of the reserves, the volatility is MANAGEABLE.
The math favors ACTION.
And there's more... The irony is DELICIOUS:
Central banks – the institutions that represent CENTRALIZED and CONTROLLED money – can be the catalysts that take bitcoin, a DECENTRALIZED and UNCONTROLLED asset, to the stratosphere.
Why?
Because NONE OF THEM can afford to be the last to enter.
This is brutal game theory.
You think you're watching a $1 million test.
In reality, you're watching the beginning of a financial arms race.
And the timing? PERFECT.
2025:
✅ Geopolitical pressure - Confidence in the dollar as the EXCLUSIVE reserve currency being questioned, gold soaring ✅ Unsustainable debt - Countries seeking assets OUTSIDE the traditional system ✅ Technological revolution - Abundance with AI becoming REALITY ✅ Political precedent - Pro-crypto administrations in important countries
The CNB governor said: "we want to be more visionary."
He's not doing this because he thinks everything will stay the same.
He's doing this because he KNOWS that change is INEVITABLE.
Do you know what changed FOREVER?
The narrative:
BEFORE:
"Bitcoin is risky speculation" "Not appropriate for serious institutions" "Central banks will NEVER buy this"
NOW: "Digital assets are being incorporated into investments" - OFFICIAL words from a central bank "Blockchain could fundamentally affect the financial system" - PUBLISHED technical analysis "Other banks will need to prepare" - INEVITABLE conclusion
And we are seeing this happen in REAL TIME.
The CNB published EVERYTHING. Analysis. Legal justification. Operational process.
This gives all other central banks time to SEE what's happening.
But it also means EVERYONE KNOWS THAT EVERYONE IS SEEING.
It's a game of chicken in game theory.
Who will move first?
Who will wait TOO LONG?
The move is clear:
$1 million is NOTHING.
But it's not about the value.
This is about:
→ PRECEDENT (first EU central bank) → LEGITIMATION (official technical analysis) → OPERATIONAL MANUAL (others can copy) → GAME THEORY (no one can be left behind)
The first domino didn't just fall.
It fell on an international network. With attached technical analysis. With an instruction manual included.
And with an implicit invitation:
"We are preparing for the future. And you?"
The answer from other central banks to this question could determine whether Bitcoin goes to $500k, $1M or BEYOND.
Guess we shouldn’t be too surprised by this. Thank the bank for pumping our bags
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