According to Odaily Planet Daily, 1confirmation founder Nick Tomaino said that countries may soon compete to adopt MicroStrategy's strategy: issuing government bonds of different maturities and using the bonds to purchase cryptocurrencies.
He pointed out that the question is not whether countries will do it, but what kind of cryptocurrency they will buy. It may start with BTC, followed by ETH, and any currency that is decentralized enough may participate.
The government bond market is larger than the stock market, which opens up new possibilities for cryptocurrency adoption.
