My guess is that at least one large government has already bought a significant amount of Bitcoin.
Eventually they will all follow.
— Pomp 🌪 (@APompliano) May 10, 2019
“Pomp”, as he is often called, is not wrong. Both the Bulgarian and Israeli government hold a lot of bitcoin, and the former especially has a lot, approximately 213,000 BTC according to digital asset management firm Blocktown Capital,
The World's Richest Billionaire's List will look a lot different if Bitcoin hits $1,000,000.
Satoshi will be worth over $1 trillion.
The Winklevoss twins will be worth 3x that of Mark Zuckerberg.
Bulgaria's Bitcoin holdings will be worth more than all the gold in Fort Knox. pic.twitter.com/zUqi8CnWXG
— Blocktown Capital (@BlocktownCap) April 10, 2019
In May 2017 the Bulgarian government seized 213,519 bitcoins from 23 individuals, and these individuals reportedly created a virus that affected government systems.