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Not a mind-blowing sum but adding another sovereign wealth fund to those starting to dabble in BTC is a huge win for everyone in the space! Just need to start seeing some of these funds start buying BTC itself! Baby steps though!
I have always thought the three were pretty smart starting that oil fund. They were able to do quite a bit with that money instead of just spending it.
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Yeah Norway seems to be leaps and bounds ahead of others when it comes to figuring out this whole fund thing. They used the oil money to invest in numerous other things getting into things early on. Whoever created their risk/reward matrix truly is a mastermind! Within the companies that they have in the fund, they really do stick to the principles they established.
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They worked together to improve their situation in the future. They werent looking for quick pleasure. Didnt those three do it? Finland, Sweden, Norway?
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