Countries May Adopt MicroStrategy's Bitcoin Strategy, Says 1confirmation Founder

According to PANews, Nick Tomaino, founder of 1confirmation, expressed on the X platform that countries might soon compete to adopt MicroStrategy's 'Bitcoin strategy.' This involves issuing government bonds with varying maturities, such as 5-year, 7-year, and 10-year terms, using these bonds to purchase cryptocurrencies, and repaying the loans according to the bond terms. Tomaino further noted that the question is not whether countries will adopt this approach, but rather which cryptocurrencies they will choose to buy. He suggested that while Bitcoin (BTC) might be the starting point, Ethereum (ETH) could follow, and any sufficiently decentralized currency could be considered. He emphasized that the government bond market is larger than the stock market.