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This is the short list, we know Russia, China and prob many others are doing it also.

Game Theory - slowly then suddently

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Bottom Feeder

Such an easy concept for nation states to print money and convert to Bitcoin. If locked in BTC it wouldn’t be a dilution. Strategic reserve separate from mining!

Dean Valentine

Why mine bitcoin when you could print paper money and buy it? I get there are other reasons but if I had a money printer…

DC-2024

Just a thought. Looking 100 yrs ahead. Countries/entities who can generate free energy will run the network at minimal cost. This will ensure that when mining is no longer a thing, the network is still secure. So countries that get in now, will reap the full rewards in about 100 years time. Where does this breakdown? How does this not work in this way?

Garrett

It's my belief too. Economies are built on production, not printing more paper money. Others will come to their senses later.

MrPresident

James, you missed Oman. Google Green Data City.

GunBlazer

Didn't know Argentina was state-funded mining LFG 🚀

Dr.Pouf

I believe there is way more than 100k people who understand Bitcoin. This would mean 0.1% of Bitcoin holders understand it... 🙄

Endorphino

signals competition to public miners, aka bearish outlook vs no governmental mining. MSTR may be better play with its different business model and unique big bag