I don’t know, it’s hard to say where institutions fit into the model, me personally I’m not too fond of big entities hoarding Bitcoin.
They can but they shouldn’t, it was intended for people to transact with.
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I tend to view it as an asset similar to gold and that gold is slow to use due to weight and ability to measure proper amounts.
This might be better suited for larger movements between countries and corporations. Remember the government is supposed to work for the people. That would potentially allow for financial transparency among countries for their citizens to view on the public ledger.
Am I incorrect?