Topic: Gov'ts and Institutions buying up Bitcoin - page 4. (Read 509 times)
We really don't know for certain if government are into bitcoin. But you have to ask yourself what benefit the government can get out of it? As for institutional money, I have my speculation that they have been in the ecosystem already, even prior to the peak in 2017, but this is just my opinion.
What do we make of the coverage of institutions and governments quietly buying up large amounts if Bitcoin? Is there much reliable info/coverage on this? Seems like this might not be getting the attention it deserves. Or maybe I'm just being led on by suspicion/curiosity.
Opinions? Inside info haha
Opinions? Inside info haha
There's no evidence that governments are quitely buying bitcoins. I heard the case of Bulgaria only that they have summed up a huge amount of bitcoins. But no other government has made it public and neither they will!
The case is even complicated for corporates! No one is ready to provide information on their crypto holdings and their research on cryptos!
You can follow the below links and periodically visit for updates,
https://blog.chainalysis.com/
https://ciphertrace.com/blog/
Probably you will get some insights from these analytics companies!
Governments are not only buying up bitcoin, but they are using HST decision token to vote on the blockchain.
Where did you see that governments in particular are buying up Bitcoin? I don't think I've seen a single example of any major government buying up anything more than a nominal amount of BTC.
Most major governments, with the US in particular, already have large troves of Bitcoin that are seized from criminals. For instance, I think I recall the US seized 100,000 BTC from the operators of Silkroad.
I doubt they need any more than that.
Most major governments, with the US in particular, already have large troves of Bitcoin that are seized from criminals. For instance, I think I recall the US seized 100,000 BTC from the operators of Silkroad.
I doubt they need any more than that.
What do we make of the coverage of institutions and governments quietly buying up large amounts if Bitcoin? Is there much reliable info/coverage on this? Seems like this might not be getting the attention it deserves. Or maybe I'm just being led on by suspicion/curiosity.
Opinions? Inside info haha
Opinions? Inside info haha
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