Post
Topic
Board Bitcoin Discussion
Re: Would it be good for bitcoin if the government is buying?
by
Smack That Ace
on 06/05/2025, 05:01:06 UTC

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.

 

Because most of the people who enter the market and invest in bitcoin want to make profits and get rich quickly, and not many people really care about the decentralized nature that bitcoin brings. If people really care about privacy, decentralization as they claim, they wouldn't be so eager and excited about the news of the government legalizing bitcoin, making it a national reserve currency...Obviously what people care about most is profit so the government buying bitcoin is good for all of us.


Decentralization is more valuable than the price.

I really hope you are telling the truth, you care more about the decentralized nature of bitcoin than the price and profits it brings.