With all this talk about national reserves, that idea basically means governments would be buying Bitcoin which means they could become even bigger players than institutional investors, since they have access to public resources.
They could buy as much as they want, and if multiple countries start doing this, they’ll end up owning a huge piece of the pie.
Now the question is -- is that really what we want to see?
And more importantly, will ordinary people still benefit from it?
Compared to the rest of the people, I was introduced to Bitcoin and Bitcointalk in the early years. I don't like the massive adoption of Bitcoin, especially the exaggerated interest from the governments because they take power from us and move it into their hands. When I got introduced to Bitcoin, you could mine Bitcoin at home, it was not a commercial business. When I got introduced to Bitcoin, there weren't KYC services, instead, there were lots of no-KYC casinos, exchanges and other services. When I got introduced to Bitcoin, mixers weren't a huge deal and there was one of the best, the most secure and safest mixer bitmixer available. This is the time that I liked the most, so I don't like when government gets involved into it and when big companies invest into Bitcoin but if we speak about the price and profit, then it's definitely a game changer for Bitcoin holders, it will help us to earn a huge profit.