Governments will own #Bitcoin out of self interest, and mine it (or at least have regulations friendly to mining) out of self interest.
The government's self interest is its goal of survival.
It’s inevitable, in my view, that every government becomes a Bitcoin-acquisition state for the service of their citizens.
I used to be very convinced of this too. I think there will continue to be governments like El Salvador that adopt a Bitcoin standard because they have nothing to lose.
However, we shouldn’t hold our breath for a wealthy western nation to adopt Bitcoin.
They may wait too long and be sucked into transition crises before being able to buy Bitcoin.
Luke, I had a great time listening to you talk on Oliver Velez’s show yesterday. Keep it up!
So if they collect taxes in btc would that not be bad for its citizens ?
