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Image Credit: Bitcoinist

Nation State To Buy Bitcoin Worth ‘Billions Of Dollars’ Soon, Insider Predicts

  • David Bailey, CEO of Bitcoin Magazine, predicts that nation-states will soon buy billions of dollars' worth of Bitcoin.
  • Bailey highlights the undercurrent of Bitcoin nation-state adoption happening behind the scenes.
  • Many developing nations have initiated domestic mining programs as tests, with early adopters transitioning to gigawatt-scale projects.
  • Bailey believes that the next phase involves establishing national Bitcoin reserves through stockpiles, central banks, or sovereign wealth funds.

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