hh on Nostr: I wouldn't say that, since the present is that other than three or four companies, ...
I wouldn't say that, since the present is that other than three or four companies, NOBODY in the major corporate sector (basically: S&P500 and international equivalents) is using Bitcoin in any way shape or form. States actually own a fair bit of BTC and what do they do? They give it away, like Germany just did.
So no, the scenario I'm describing is nowhere near where we are today.
Incidentally, I keep telling people about the upcoming regulation by the Bank for International Settlement, which is binding for most central banks in the world including the Fed, the ECB, the Japanese, the Chinese, the Russian... which kicks in on Jan 1, 2025, allowing central banks to legally put up to 2% of their reserves in "tier 1 crypto" (BTC, ETH and probably a couple more).
That, to me is a true inflection point for Bitcoin, but it's unclear towards what.
So no, the scenario I'm describing is nowhere near where we are today.
Incidentally, I keep telling people about the upcoming regulation by the Bank for International Settlement, which is binding for most central banks in the world including the Fed, the ECB, the Japanese, the Chinese, the Russian... which kicks in on Jan 1, 2025, allowing central banks to legally put up to 2% of their reserves in "tier 1 crypto" (BTC, ETH and probably a couple more).
That, to me is a true inflection point for Bitcoin, but it's unclear towards what.