Subnostr

Lots of nation state #Bitcoin adoption has happened under secrecy. This will be the course of nation state adoption going forward. It won’t hit the media, but it will hit the price. Telegraphing the accumulation of BTC to the world is a poor decision when continued debt control of the populace is the end goal of the nation state. Get ready for wild times.

nikotsla 2y ago

I always think that government are like a mafia, imagine that X of the powerful countries are planning to add BTC to their reserves... how many people know about it before the general public? 50... 100... 1000? how many are not going to said something to his partner/couple/family? How many of them are not going to buy before?

For me... if some big country is going to add BTC we are going to know... but not by a small move... we are talking abount 5x or 10x movement.

Reply to this note

Please Login to reply.

Discussion

plebiANON 2y ago

I think most that want it will be mining, but not selling back to the market to cover costs, creating a supply tightening that boosts the price. I, of course, could be completely wrong too.

Chris Tavrou 2y ago

Thinking of the state as a mafia-like organisation is a cheat code in life

plebiANON 2y ago

At least the mafia took care of the neighborhood.