Yup, we're looking at that side that this is still a good news. They want a full restart and reset and so, if they're buying Bitcoin at a price considered by them as a good buy, they're welcome. This is a free market, whether they buy or not, people will know.
There is always the best left for countries that start considering bitcoin as a reserve because in many aspects bitcoin can provide more value than others. If they want to do a recovery or reset purchase then that is a good choice because Germany is starting to understand that bitcoin can provide certainty for storing value. This is very welcome and maybe there will be many positive things that will be obtained by the country later.
Previously they only sold confiscated bitcoins and maybe Germany itself is starting to understand the movement or the positive side that bitcoin can provide on the way so they are starting to consider being directly involved in the reserve process like some countries that are also starting to consider it.
It is a very welcoming development but they lack in coordination when they have this plan. But what's done is done and they have to move on and follow the contingency plans that they have created like this one.
Yeah, government starting to see something unique in cryptocurrency as a whole especially in the coins that really shows the symbol and strengths of decentralization in them. In the meantime, it's going to be the number priority of every country to consider it not only as a reserve but a major backbone of a country economy more than any other assets so far. The positive impact this going to create is even more massive to the point the banks as well as other sector will consider to implement and integrate blockchain technology into their system for easy visibility and transparency of every transactions as that's the main aim of cryptocurrency.
I agree, it will be numbers priority and every country will start to have their own plans and targets on how many and how much Bitcoins they should have as reserve. It's going to be a great FOMO and hype but in a different way and through them.