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?
If we want to consider the benefits of the decentralised nature of Bitcoin, government purchase might not be good. If the government buy a large chunk of Bitcoin, they could manipulate the price. They can cause FUD making weak hsnds to sell.
But it will be good for the price. The value of Bitcoin will increase if more countries invest in the asset. Truthfully many people who invested in Bitcoin want to see this happen.
And more importantly, will ordinary people still benefit from it?
Bitcoin can be bought in bits. The common man can still save and buy Bitcoin based on his capacity. No matter how high the price goes you can still adopt DCA, hodl and make profit.