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0 sats \ 0 replies \ @cryptocoin 13 Jan 2022 \ parent \ on: Fidelity's Bitcoin Research Round-Up: 2021 Trends and Their Potential Future Impact bitcoin
Needs some bolding:
"We also think there is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their peers. Therefore, even if other countries do not believe in the investment thesis or adoption of bitcoin, they will be forced to acquire some as a form of insurance. In other words, a small cost can be paid today as a hedge compared to a potentially much larger cost years in the future. We therefore wouldn't be surprised to see other sovereign nation states acquire bitcoin in 2022 and perhaps even see a central bank make an acquisition."