Countries that acquire bitcoin now will be in better shape than those who don't because 'a small cost can be paid today as a hedge compared to a potentially much larger cost year in the future,” DigitalAssets wrote in a reprt. thesamreynolds reports.
Pedestrians pass a Fidelity Investments office in Boston, MA Fidelity Digital Assets wrote that 2022 might be the era of adoption of bitcoin by sovereigns.
“We think the two developments observed this year couldn’t be more opposed. Time will certainly tell which path is more successful,” Fidelity wrote. “An outright ban will be difficult to achieve at best, and if successful, will lead to a significant loss of wealth and opportunity,” reads the report.
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