1confirmation founder: It is expected that various countries will try to adopt Microstrategy's strategy to increase their holdings of Bitcoin
1confirmation founder Nick Tomaino posted on the X platform, suggesting that it is very likely we will soon see countries competing to adopt MicroStrategy's strategy: - Issuing government bonds of different maturities (5 years, 7 years, 10 years etc.) - Using these bonds to purchase cryptocurrencies - Repaying loans on time according to the loan term. He also stated that the question now is not whether countries will do this, but what kind of cryptocurrency they will buy. It might start with BTC, but the next one could be ETH; any currency with sufficient decentralization can participate in this. The government bond market is larger than the stock market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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