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That's a fact that happened because even though many countries have considered the adoption of Bitcoin as a strategic step, it does not mean they are throwing gold.
Bitcoin is quite speculative compared to gold, but in terms of durability is not much different and we can see when a recession occurs and Bitcoin is still standing so strong.
This is talking about the state and I don't think it's funds that are a problem, but rather how the approach can be done based on the right study.
See how the country has done it and may be a reference for other countries because gold and Bitcoin are a hedge despite different speculative speaking.
If we refer to the country for these two things (Gold and Bitcoin) of course we have to see the interest of each citizen who chooses both of these things because for now the gold market cap is still quite high which means that there are still quite a lot of gold enthusiasts even though among the many gold enthusiasts they also really like Bitcoin so it is possible for them to have both at once. And we also need to know that the store of value for the two assets is still very different so that this difference is what still makes both of them quite attractive to be owned by everyone.
I also do not hate gold even though I really like Bitcoin, but for the future I still focus more on Bitcoin than gold even though gold can still be relied on for hedging money. But for the profit and also being a hedge, it is in Bitcoin so that for now almost all countries have seen and learned about Bitcoin even though they have not immediately made a decision to adopt it as a whole.