What is this good for though?
Will they sell their BTC and "realize" the "profits" -- and be out of BTC?
Is the BTC on their portfolio taken into account as far as the country's solvency goes, for instance if they want to issue debt, or take a loan from the IMF?
The fact that they accumulate BTC for the future is great in itself. Keeping count of the "profits" not so much.
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profits should motivate other countries to replicate.
That a country did this is different from a theory about what to expect if it was done.
Well why does anyone buy Bitcoin?
To conserve monetary value and to sell for stuff in your time of need
Same here in sure 🧡
For me that would only be plan B (or C), since that's the way of the poor. Plan A, the way of the rich, is to borrow fiat against my BTC holdings, without ever liquidating them, to acquire assets that generate cash flow.
Yeah that sounds good 😊
But I would rather sell a little Bitcoin to buy something then to put a lot of Bitcoin into a custodian for a credit to buy it.
We will see what options the future brings 😇
