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> Governments have holdings in bitcoin What governments have holdings in bitcoin? If you refer to El Salvador I don't think that this is a shining example. If
by CaptainZapp 5y ago
> Governments have holdings in bitcoin
What governments have holdings in bitcoin? If you refer to El Salvador I don't think that this is a shining example. If you're referring to failed states, like Venezuela, I'd like to see a source for your assessment. Having as much funds as possible in hard currency is much more important for such countries. That's why I don't buy it.
> Financial institutions have holdings in bitcoin
I'm working in finance and argue that they don't hold funds in bitcoin. At least not their own funds. Sure, they're looking into crypto and blockchain. They could miss on the next big thing (yet to materialize). But I've yet to see a marketable offering, or a useful solution based on the technology by any reputable financial institution. If you know of an established bank (I rule out crypto exchanges in any form), which invests in crypto I'm interested in who this may be.