William B Travis on Nostr: North Korea is not autonomous. I would be shocked if the NK govt holds the keys to ...

North Korea is not autonomous. I would be shocked if the NK govt holds the keys to their bitcoin, especially given how much bitcoin China has.

quoting nevent1q…8wk6

Holding a strategic reserve of 13,562 BTC is akin to possessing a deterrent arsenal. North Korea understood this and has already secured its share.

It remains to be seen whether the Bybit hack was an inside job.

Currently, the United States holds 198,109 BTC, the United Kingdom 61,245, Bhutan 10,635, and El Salvador 6,117.

If Brazil’s National Justice Council (CNJ) didn’t mandate the immediate sale of seized BTC, the country could surpass North Korea’s holdings with the 19,700 BTC confiscated between 2023 and 2024.

In the end, all political and financial matters inevitably converge toward Bitcoin.