BUT — this just legitimized Bitcoin more than any other single moment before it IMO

They are creating a digital Fort Knox for Bitcoin. Fort Knox is synonymous with US Gold reserves

I can’t imagine a scenario where other countries that own strategic Gold reserves don’t also consider such a strategy

Other countries don’t own as much Bitcoin as the US gov. They have to catch up

I feel this is a real new paradigm moment. But let me remind you, that paradigm might not take effect just yet

The last new paradigm was “institutions getting in” at the 2017 peak. They didn’t buy then, and not for years later, but institutions now dominate Bitcoin

Some day, countries may dominate Bitcoin. And with the sheer size of these entities, along with institutions, companies, and the wealthy, there simply can never be enough Bitcoin to go around