Edward Snowden has recently stated that in 2023, a national government that secretly purchased Bitcoin without declaring it publicly will be discovered. Snowden’s prediction was made as Bitcoin was noted for raising from institutions, companies, investors, and even countries.
Last year, El Salvador adopted Bitcoin as the first legal tender. The benefit of El Salvador’s Bitcoin investment can be seen through the growth of its tourism industry. Other countries are taking notice. As more seek Bitcoin’s benefits, another government acquisition could occur.
Snowden’s prediction has captured attention as it signals Bitcoin’s expanding role. Major players now view crypto as vital to the global financial system and a transformer of traditional frameworks.
President Nayib Bukele recently stated El Salvador won’t sell its Bitcoin, citing that 1 BTC will always equal 1 BTC. He referenced profits if sold but said market price changes don’t matter given Bitcoin’s future outlook.Â
Snowden offered no details on which government he expects to reveal Bitcoin purchases this year. But the proclamation underscores Bitcoin’s momentum and the possibility more nations make it legal tender.
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