Some governments (like El Salvador and Russia) are moving into bitcoin mining. If more nation-states accumulate BTC, what impact will this have on decentralization and price stability? Could this lead to geopolitical bitcoin wars?
The stances of different governments are different and thus confusing also. Like some countries you mentioned are going into mining while others are banning it. It is like taking a bet on crypto based on possible future. If crypto does become more important with time, these economies could also become more powerful.
Banning Bitcoin is a wrong idea and wrong digestion of information regarding Bitcoin but it's cool, one way or the other a time will come when Banning of Bitcoin will be something of the past but it will be late then to buy Bitcoin cheap because many of their developers sold out of compliance and we're afraid of the brutal punishment that may comes later but I would have probably left and go to another country where Bitcoin is appreciated by people who see the value.n
I don't know how true is the mind of US government and how they want to make Us the place of Bitcoin but if thag eventually happen and they get recognition, Bitcoin will not be something that is ban again, even the people that don't like to hear about Bitcoin will want to hear it, even if they don't have plans to have their own strategic plans with Bitcoin will lift that ban because you can't say something US government spend his time on to get to office will be there, they can even secretly have Bitcoin but wouldn't tell the public they have Bitcoin.