PANews reported on January 5 that Nick Tomaino, founder of 1confirmation, posted on the X platform that it is likely that countries will soon compete to try to adopt MicroStrategy’s “Bitcoin script”:
- Issue government bonds of different maturities (5-year, 7-year, 10-year, etc.);
- Use bonds to buy cryptocurrencies;
- Repay the loan on time according to the loan term.
Nick Tomaino added that the question now is not whether countries will do so, but what kind of cryptocurrency they will buy. It may start with BTC, but the next will be ETH. Any currency that is sufficiently decentralized can participate. The government bond market is larger than the stock market.
