Quote from: EarnOnVictor on Today at 06:37:23 AM

Quote from: alani123 on March 04, 2025, 09:39:00 PM

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So what's the lesson here? Maybe Bitcoin doesn't work at the State level. Yet by Trump's sayings we're going to see the same in the US with a sovereign fund in crypto...

I appreciate one thing, what I've said many times on the forum that people thought was an ugly disposition now materialises into reality, I don't know why people do not think and weigh things as they should be.

The economy is different from Bitcoin, but yes, if Bitcoin was bought in billions of dollars worth when it was at about $5, it would help any nation by now, because they would have made an insane amount of money from it. But what can Bitcoin bought at about $50,000 possibly do in a country's economy? This is simple economics and arithmetic.

Also, having an asset is different from having a good economy. The asset can only help instead of securing a loan but the economy is richer and deeper than that and if you get it all wrong, no amount of Bitcoin or national asset would help unless you get it right back.

If a country had bought bitcoin when it was cheap, it could have made a huge profit by now. But I also think an economy isn't just about holding assets, it is about policies, production and long term stability. Even if a nation owns bitcoin at $50k, it won't magically fix economic issues. Assets can help but if the foundation of the economy isn't strong, no amount of bitcoin will be a real solution.