But if they do it will help in a pump. Let’s forget a country and take apple for eg. If there’s rumours of apple planning to buy btc don’t you think people will wanna invest too.
It's surely gonna help pump but for who? That country peeps? Or for those who are from long ago... Imagine, your country throw all in BTC and next day they're exit liquidity of mostly institution or whales..
The volatility and immaturity of crypto speaks for itself.
Every FUD, even a rumor impacts too much.
But if they do it will help in a pump. Let’s forget a country and take apple for eg. If there’s rumours of apple planning to buy btc don’t you think people will wanna invest too.
It's surely gonna help pump but for who? That country peeps? Or for those who are from long ago... Imagine, your country throw all in BTC and next day they're exit liquidity of mostly institution or whales..
because both of us are not there yet.
In my opinion all countries can buy Bitcoin. We just use the money for unnecessary stuff. Imagine building a national cathedral, for what?
lol. You think so. It might be something important to them.