kenn3d on Nostr: Bitbo says only a few countries and gov'ts actually hold BTC in treasury. US is first ...
Bitbo says only a few countries and gov'ts actually hold BTC in treasury.
US is first - 207k btc
China 2nd - 194k btc
UK 3rd - 61k btc
Ukraine 4th - 46k btc (surprises me)
El Salvador is 6th - 6k
I suspect the top 3 gained their current bitcoin treasure through seizure not investment, and hesitate to sell it mainly due to ignorance or sloth. But some civil servants may be saavy to its potential value.
In sum, this shows pretty low understanding of Bitcoin's importance in the future of world commerce and prosperity.
#Bitcoin
US is first - 207k btc
China 2nd - 194k btc
UK 3rd - 61k btc
Ukraine 4th - 46k btc (surprises me)
El Salvador is 6th - 6k
I suspect the top 3 gained their current bitcoin treasure through seizure not investment, and hesitate to sell it mainly due to ignorance or sloth. But some civil servants may be saavy to its potential value.
In sum, this shows pretty low understanding of Bitcoin's importance in the future of world commerce and prosperity.
#Bitcoin