Countries May Soon Begin Large-Scale Cryptocurrency Purchases

According to BlockBeats, on January 31, Nick Tomaino, founder of 1confirmation, expressed on social media that countries might soon start large-scale purchases of cryptocurrencies. He suggested that they would likely focus on cryptocurrencies with specific characteristics: credible neutrality, meaning they are censorship-resistant and not tied to any particular nation, and a low insider holding ratio, indicating they are not controlled by a small group of individuals. Tomaino identified only two cryptocurrencies that meet these criteria: Bitcoin (BTC) and Ethereum (ETH).