1confirmation founder: It is expected that countries will attempt to adopt Microstrategy's strategy to increase their BTC holdings
ChainCatcher news, 1confirmation founder Nick Tomaino posted on the X platform that we will likely soon see countries competing to adopt MicroStrategy's strategy:
- Issuing government bonds of different maturities (5-year, 7-year, 10-year, etc.)
- Using the bonds to purchase cryptocurrencies
- Repaying loans on time according to the loan term
At the same time, he stated that the question is no longer whether countries will do this, but rather what kind of cryptocurrencies they will purchase, possibly starting with BTC, but the next could be ETH, and any sufficiently decentralized currency could participate. The government bond market is larger than the stock market.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags