Replying to Avatar Jack Ball

Surprising that no central bank has tried this yet. The game theoretical benefits are obvious

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How can you be so sure?

Good point

This is why we never touch our colonial position/stack. HODL as if your life depends on it….because it just might.

Probably needs to be a trillion plus market cap for a little before they do

Has El Salvador?

Prior to Bitcoin, they were on a dollar standard. So they lack the ability to print their own fiat

Oh yes I see. We are talking about a CB printing to buy bitcoin.

I think it depends on the nation. If a South American, African, or small Asian country did it, no one would care.

Might not even matter if Russia or China did it.

They would probably just try to undermine it with propaganda vs adopt it and start buying too.

The hash rate suggests its started in the background imo.....

Keen observation