Well, if this happens; I'm sure that a host of other 1st world countries would follow suit including Germany only that they'd be buying back at much higher price than they sold.
Bitcoin reserves is a smart move for the government but there's a two-way effect of this move on bitcoin.
1. Price go up.
2. Decentralization goes lower.
We might be looking at a potential tug of war among countries for very limited amount of Bitcoin since some of them are lost.
Amazing time to be alive. I was here when governments fought bitcoin as hard as they good. Feels really good to see them lose that fight.
As Putin puts it: "Who can stop Bitcoin? No one.".