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Beware of (new) WHALES

I’m not loving this, to be honest.

The new whales aren’t people, or investors, or companies. The new whales are governments.


The US government is still sitting on around 130,000+ BTC, and it recently transpired that Germany (41,000 BTC) and the UK (50,000+ BTC) are also whales.


While it is definitely a good thing for Bitcoin price if governments get on board, the idea of a government, any government, owning a large chunk of Bitcoin is a bit scary.


That’s the exact opposite of the reason why Bitcoin was created.

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