Bhutan Is Mining, El Salvador Is Buying, and You’re Still Watching!

As I study more about Bitcoin I clearly see that adoption is here and the more time pass it will only increase. You see, when countries start accepting Bitcoin and are buying it, means something. This could mean their are afraid of losing the opportunity or a shady preparing something, anyway they hold Bitcoin.

I saw this report from Cointelegraph where they place a list of the most notorious countries or governments holding Bitcoin and the amount combined is astonishing! They hold a combined more than 33 billion dollars. That is not something to take lightly, but something to note.

Bitcoin are getting bought in a tremendous volume all over the world. We see the Exchange Traded Funds led by worldwide powerful traditional Asset Management Funds buying tons of Bitcoin and you think to yourself "why?". The answer is simple, they are targeting in what people are interested in! ETFs couldn't buy Bitcoin to feed ghosts as no one could show interest in it, but they invest on it because people is interest in it.

You see that list of Bitcoin most largest HODLers (ref:'govt and countries), and you ask yourself the same question, why? Simple, they see future there and are stacking them or seizing them as they have the means. What stands on lists like that is seeing countries such Bhutan, a tiny Asian nation, not that developed but mining Bitcoin and using renewable energy.

That tiny nation in the list is more important than all others as they can seize, use their extra power to legally "steal" Bitcoin from criminals and turn them into theirs. But a nation like Bhutan can only buy or mine, like they are already doing it. Another standing country there is El Salvador buying 1 BTC daily at a time.

That list can say a lot to the world but for me particularly tells me that the world is embracing, one step at a time Bitcoin. Remember:

CONTENT IS KING!

Note: Always exerce your critical thinking.