I think that governments will utilize bitcoin so much more than just a strategic reserve. They will refine energy consumption methods around the mining and advocate for less takes and promote higher earnings amongst their citizens if they want adoption to take place. Perhaps Nations will certainly be many of the whales but I just thing there are too many OV whales that outnumber these nations
Nations can make it up to the list of whales but they can’t outnumber the already existing ones who have started accumulating and mining bitcoin right from the early days, government have the resource to make things work and make their citizens to also join the queue but their is limit to the extent that they can go make things work.
The market is unpredictable, and the people we are speaking about have the smartest people on the planet on their palm. who have the ability to invent a way to control the entire market or scare the existing whales into dumping some of their bags so they can amass. Don't be so certain that they can't outnumber the current whales in the market; the example what we're seeing now in the market. The most crucial thing right now is that each Bitcoin user keeps their BTC in a safe self-custodial wallet instead of exchange.