Governments as "institutional whales"?
The intention of some governments to adopt $BTC as a treasury reserve may solidify Cryptocurrencies at a new level.
On one hand, this movement represents the solidification of Bitcoin as a strategic asset, while on the other hand, a new phenomenon arises: governments acting as large "institutional whales", with the potential to directly influence the market and generate manipulation movements.
Time will tell whether decentralization will survive intact or if a new balance of power will emerge in the crypto universe.