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Topic
Board Bitcoin Discussion

Re: Would it be good for bitcoin if the government is buying?
by
EluguHcman
on 05/05/2025, 06:35:14 UTC

Now the question is -- is that really what we want to see?
Very YES but that does not mean Bitcoin can not gain better shape without them (government) which long ago it has proven it positive potential performances.

Moreover this reserve of national economy on Bitcoin don't seem to have any positive outcomes for citizens rather it is just like alternative source of generating Incomes for the government authorities to facilitate on public projects as part of revenue.
Also on the hedge of values as the case may be, the fiats is quite loosing it values due to inflation.

So, the expectation of enthusiasts for the government move towards the Bitcoin reserve is basically for the interest of creating more profit revenues, not for per individual of a common citizen..



And more importantly, will ordinary people still benefit from it?
Not direct benefit for the ordinary people but in a sincere government bodies, the incomes could be used for public projects like I said before.

The other way it could benefit ordinary people are basically those individuals investing on Bitcoin because as the price increases to the direction of generating profits for investors, so the common people investors would also benefit on the outcomes.

And also, other benefits will be the legal tenders and friendly regulating orders that is to b convenience for the entire communities in the respective nations adopted the reserve strategies.