Quote from: Dark.Look on Today at 07:34:52 PM

Quote from: stadus on May 04, 2025, 10:59:14 PM

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?

There is no "IF". I'm sure there are many countries that bought bitcoins and they will do that to save the funds they have; this way they can even think about taking profits, just like what El Salvador did during these years. Maybe this can even save a poor country. But even if they really buy bitcoin, they will be able to have control over it because bitcoin is not something that just one or some people can buy.
I think even rich countries like China or America can't have full control if they buy it, but they can have a key role.

They won’t have control over bitcoin itself but they’ll have control over the bitcoins they hold in a sense that they can decide whether to buy or sell more of it. But they would not be able to have access on the bitcoins distributed all over the world. Unless you buy from ETF companies then they will definitely have access to it.