Founder of 1confirmation: Countries are expected to try to adopt Microstrategy’s strategy to increase their holdings of Bitcoin
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2025-01-05 23:01 1,410
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According to news on January 5, Nick Tomaino, the founder of 1confirmation, posted on the X platform that it is likely that we will soon see countries competing to try to adopt MicroStrategy’s strategy:
-Issue government bonds of different maturities (5-year, 7-year, 10-year, etc.)
-Buy cryptocurrencies using bonds
-Repay the loan on time according to the loan term
At the same time, it said that the question now is not whether countries will do this, but what kind of cryptocurrency they will buy. It may start with BTC, but the next one will be ETH, and any currency with enough decentralization can participate. The government bond market is larger than the stock market.