I don't think they are accumulating it for central banks or governments. They are accumulating it for *themselves* and their crony friends.

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Fully agree with this. The writing is on the wall.

I wouldn’t be surprised if a handful of governments are hashing in secret to stack as well. Just not going to be able to build meaningful positions that way anymore.

Every central banker I see talk I just think "you own some bitcoin don't you?"

In case you missed this.