On January 5th, Nick Tomaino, the founder of 1confirmation, posted on the X platform that it is likely that countries will soon be competing to try MicroStrategy's strategy:
Issuance of government bonds with different maturities (5-year, 7-year, 10-year, etc.)
- Use bonds to buy cryptocurrencies
- 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, possibly starting with BTC, but the next one will be ETH, any currency with enough decentralization can participate, and the government bond market is bigger than the stock market.
1Confirmation founder: It is expected that countries will try to adopt Microstrategy's strategy to increase their holdings of bitcoin
2025-01-05 14:47:53
Message 1confirmation founding nick tomaino platform post said maydesk3cryptocurrencydesktopCrypto News
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