BITCOIN FOR THE SOVEREIGN

Summary from the TLDR Crypto newsletter

Bitcoin adoption by sovereign nations has shifted from improbable to inevitable, as exemplified by El Salvador's holdings, Abu Dhabi's mining operations, and growing US support for a Strategic Bitcoin Reserve. This piece frames Bitcoin as analogous to gunpowder - a technology that countries must adopt for strategic reasons - and suggests that early movers will benefit from better entry prices as a global race for Bitcoin reserves accelerates.