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Scott Bessent: Governments Could Still Buy Bitcoin—Here’s Why It Matters
Scott Bessent: Governments Could Still Buy Bitcoin—Here’s Why It Matters
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Governments flirting with Bitcoin? It’s not as far-fetched as it sounds. Scott Bessent—hedge fund heavyweight and macro guru—just hinted that sovereign BTC accumulation isn’t off the table. Cue the institutional FOMO.
Why now? Because every treasury secretary loves a hedge when fiat printers start smoking. And with central banks still playing catch-up on digital assets, Bessent’s nod feels less like speculation and more like inevitability.
Bonus cynicism: If governments do pile in, expect them to buy the top and panic-sell at a 60% drawdown—just like your aunt’s Robinhood portfolio.
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