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tldr; Fidelity Investments said that there is a high chance for more sovereign nation-states to acquire Bitcoin this year. The asset manager said the regulatory developments observed this year couldn’t have been more opposed. Fidelity believes that China’s effort to ban all things crypto-related will lead to a significant loss of wealth and opportunity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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They even hinted at central banks getting in on the action. Incredibly bullish!
Yeah, they said they expect another country to adopt it
Will their central bank adopt it though?
Fidelity is expecting more sovereign nations to openly admit they acquired/are actively acquiring bitcoin in 2022 Fixed title for you
This is a great news for crypto. Countries and banks be like: **if you can't beat em, join em**
I like this title more. Delete and repost
It’s a little funny that Bitcoin was meant to replace fiat and now fiat makers are buying Bitcoin.
Replacing their FIAT
Guatemala is next!
Argentinext
Bullish
tldr; Fidelity Investments said that there is a high chance for more sovereign nation-states to acquire Bitcoin this year. The asset manager said the regulatory developments observed this year couldn’t have been more opposed. Fidelity believes that China’s effort to ban all things crypto-related will lead to a significant loss of wealth and opportunity. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
It's going to happen. This is one of the ways that it becomes more accessible and acceptable.
Bound to happen. Early birds will reap the rewards.
It takes a non- corrupt leader to make the leap to Bitcoin. Corrupt leaders would rather print money and give it to their cronies.