
How Bitcoin's Sovereign Adoption Will Empower Asian Economies A Founder's View

Josefa dela Cruz
I've spent years building in the Asian tech scene, and I've seen firsthand the incredible resilience and ingenuity of its entrepreneurs. Yet at the same time, I have witnessed the devastating stranglehold of legacy financial technology. To me, Bitcoin’s sovereign adoption isn’t a financial trend. It has the power to transform Asian economies for the better.
Bitcoin: A Digital Folk Song?
I’m aware this is going to sound odd, but just hear me out. I would have never anticipated a connection between Bitcoin and Philippine folk music! My grandma would serenade me with these songs, handed down through the ages, saving our culture, saving our identity. We knew they weren’t flashy, but that’s what made them powerful because they were truly ours.
Just as electrification transformed America, Bitcoin has the potential to transform countries around the world—especially those in Asia—by allowing them to regain financial sovereignty. It’s a tool for them to protect value beyond systems that fail to meet their needs or interests. Think of it like a digital folk song. It protects and honors economic freedom as a true virtue in our increasingly globalized world.
Bypassing Legacy Financial Systems
I’ve spoken to thousands of founders in the Philippines facing the brunt of high transaction fees and restricted access to growth and working capital. Mainstream banks have either largely ignored them, or worse, taken advantage of them. Bitcoin offers a direct alternative.
Picture a small business owner in Manila who in the past would’ve received U.S. dollar payments from overseas clients through an expensive funds transfer intermediary. No longer waiting days for funds to clear, no longer large bank fees siphoning off company profits. Just immediate, protected payments that enable them to expand their venture on their own terms.
We're already seeing this happen. I have friends and founders in Vietnam who are finding ways to use Bitcoin to move money across international borders. This is exactly what entrepreneurs in Indonesia are hoping to tap into as a way to open the floodgates to access global markets. It’s hard not to be inspired by these stories. Through the short films, you’ll meet remarkable people who are using Bitcoin to make their lives, communities, and futures better.
Fueling Innovation, Not Just Speculation
Let's address the elephant in the room: volatility. Yes, Bitcoin's price can be a rollercoaster. The focus on price alone misses the important long-term picture.
The true value is in the powerful technology behind generative AI, and its ability to unleash innovation as a result. The US GENIUS Act and the EU MiCA framework are both promising moves towards this. These regulations, though a work in progress, are establishing a clearer and more predictable framework for institutional investment and innovation.
Look at MicroStrategy. They didn’t only purchase Bitcoin — they developed an entire strategy to support it. They recognized that it was a strategic national asset, not merely a speculative economic boondoggle. This is the sort of long-term economic planning that Asian companies are capable of.
BlackRock’s iShares Bitcoin Trust (IBIT) is the largest competitor, with a considerable 682,500 BTC. Other major players like Microstrategy have made major investments as well. This increase in institutional demand goes a long way toward legitimizing Bitcoin in the marketplace. Most importantly, it sends the clearest possible message to the world that this is no fly by night trend. It's a serious asset with long-term potential.
Seize the Opportunity: Invest in Tomorrow
In this environment, the news is gleefully predicting Bitcoin soaring to $200,000 on the back of sovereign adoption. Now, I am not one to presume to guess the future, but I can at least recognize the writing on the wall. Countries are beginning to understand the strategic advantage of Bitcoin. The U.S. Strategic Bitcoin Reserve (SBR), confirmed or not, is the signal. El Salvador and Bhutan are doing just that. Even Switzerland is publicly mulling the idea of adding Bitcoin to their reserves!
Only 2.9 million Bitcoin are left to be mined, creating a natural scarcity. With demand expected to grow, this additional very limited supply will further increase its scarcity and value. This isn’t only an issue of profits, though it is that too, but of having a seat at the table of the future of finance.
Asian economies have been both incredibly adaptive and very entrepreneurial. Now is the time to harness that spirit and embrace Bitcoin's potential to create a more prosperous and equitable future for all. Don’t be afraid or intimidated to put one foot in front of the other. This is their generational opportunity, and Asia must not lose it!
- Educate yourself: Learn about Bitcoin and its potential benefits.
- Talk to your local entrepreneurs: Find out how they're using Bitcoin or how it could help their businesses.
- Support businesses that accept Bitcoin: Show them that you value their innovation.
- Advocate for clear and sensible regulations: Encourage your government to create a framework that fosters innovation while protecting consumers.
I implore you to at least allocate a sliver of your overall portfolio toward Bitcoin. While 1% (or 2% or 3%) may not seem like much, over the long run it could be a game-changer. Watch for shifts in central bank policy and announcements from corporate treasurers as indicators to get long.
Let’s work together towards a future where financial sovereignty enriches Asian economies and the true potential of its people. Let’s find a new tune of prosperity, all of us, old and new.
Let's build a future where financial sovereignty empowers Asian economies and unlocks the potential of its people. Let's write a new song of prosperity, together.