Although, didn't the Norwegian government recently accept fine payments in Bitcoin from some ne'er-do-well it had locked up..? Guess that's the flip-side, there's a good chance governments will start holding Bitcoin and other crypto as assets given the current climate - and the chance of another fiat crash given debt levels in certain countries...
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I trust Norway with their clean prisons and ACTUAL rehabilitation systems.. unlike some other countries :P
Agreed. Perhaps funded by Bitcoin..? ;)
Point is though, that if governments get involved in holding Bitcoin, the effect is a twofold win - it reduces the control of central banks over national and international politics by putting some of the money supply beyond their ken, and secondly, it reduces the amount of Bitcoin available on the exchanges, which pushes up the price, so we all win too... :D