Part 11/16:
Another bittersweet theme was the involvement of institutional players and the potential for Bitcoin to become a reserve asset for nations. Mando and CTO discussed game theory implications, asserting that central banks and large firms like Square are already accumulating Bitcoin, viewing it as a strategic hedge against fiat debasement.
The panelists strongly believe that, sooner or later, sovereign nations may incorporate Bitcoin into their reserves, similar to gold. This "first mover" advantage is seen as inevitable, potentially sparking cascades of adoption among larger economies as they hedge against fiat currency risks.