States and corporations USE bitcoin - but once that use is done, they will no longer hold. They will pay for goods and services or back debt using Bitcoin. They will innovate to make their utility of use more valuable.
They don’t have the wiring to HODL - it’s unique to human individuals.
G7 countries - institutions do futures only 90% they hardly ever touch real BTC
That’s a whole other issue. They don’t actually custody their coins. I know that will change and more and more businesses will self custody in the future.
But they will never have the kind of Diamond hands that a HODL’er can have.
