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.".
If you were to tell people 4 years ago that all this stuff was going to happen nobody would believe it! The Trump effect is real & its coming to a country near you! Bitcoin is going to the freaking moon. Before we know it they will literally find a way to mine bitocin on the moon or something lol. Maybe we will even live to see Bitcoin being mined on Mars? Wild stuff to think about! Definitely in the realm of possibilities!