Hey fellow SN enthusiasts!

Now that the Spot Bitcoin ETF are out and trading, we see a gigantic amount of $$$ flowing into these ETF. Investors are positionning themselves and rebalancing in these early ETF days which will soon result in a crunch of supply, in other words supply and demand will most likely drive the prices up…

There is something, I think, we don’t talk enough about or is being kept really silent. As Bitcoin gains momentum and adoption increases, some countries changing legislation to welcome BTC, game theory should start to kick in as well.

Let me explain… If BTC had to become a world reserve currency for global trade, at some point states and countries would have to get into the markets. And as we know, the sooner the better, right? So why don’t we hear about Dubai, the EAU, Russia, China,or any other European nations getting involved in stacking this asset for future use?

My thought is that within the next weeks or month, the BTC price will astonish the world, bring more adoption and FOMO will be a major factor. Then the game theory between countries and major market players will amplify the momentum…

Is there any other option? When you think about it, the first major country to pull the trigger will probably create a chain reaction…

Argentina is about to be the biggest country to ease regulation: 33rd country in population, 25th as of GDP… Would it be a big enough player to start the game theory amongst bigger fishes?

Share your insights, observations, or any interesting patterns you’ve noticed.

Which countries do you think will be the next domino of the chain?

Do you think the 2024 US presidential elections could be the spark?

As always, stay humble, stack sats my friends!