Inevitable that countries would adopt it. Bitcoin is for everyone, even your enemies.
What happens when governments or major asset managers hold a significant percentage of Bitcoin? They just hold a significant amount. 1 BTC is still 1 BTC.
Will they create "paper Bitcoin" markets like they did with gold to manipulate its value? They already did with the ETF, but as long as plebs keep withdrawing sats to non-custodial wallets, the jig will be up when there’s no sats left to withdraw.
J
npub186…k59su
2024-12-30 12:32:39
in reply to nevent1q…0va7
Author Public Key
npub186tqtnx8nc502veqkguypvzpm5hq53p69qrl8l0hes9c4k8mzrssfk59suPublished at
2024-12-30 12:32:39Event JSON
{
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"pubkey": "3e9605ccc79e28f53320b23840b041dd2e0a443a2807f3fdf7cc0b8ad8fb10e1",
"created_at": 1735561959,
"kind": 1,
"tags": [
[
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[
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"content": "Inevitable that countries would adopt it. Bitcoin is for everyone, even your enemies. \nWhat happens when governments or major asset managers hold a significant percentage of Bitcoin? They just hold a significant amount. 1 BTC is still 1 BTC. \nWill they create \"paper Bitcoin\" markets like they did with gold to manipulate its value? They already did with the ETF, but as long as plebs keep withdrawing sats to non-custodial wallets, the jig will be up when there’s no sats left to withdraw.",
"sig": "1b48cedc6be77f2201e9213ede4413b5349d136543ce6eed96777bbc906f5cf04345e41d30b3e742eeb9c187defdfdcf297d17003bf52f9ae202deeb913c91b8"
}