This Bitcoin Secret Is Making Rich Countries Even Richer (And You Missed It!) 😳💾

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Well, darlings, it appears the world’s sovereign wealth funds have lately discovered Bitcoin—not with a passionate embrace, mind you, but with the bemused, eyebrow-raised caution of a duchess at her first jazz club. What a scene! The gin is flowing, the jazz is wild, but until the Yanks put their legal affairs in order, nobody’s buying more than a thimble-full, according to none other than Anthony Scaramucci, who always sounds like a man with a tip on the second race at Belmont.

A Striking Case of Regulatory Stage Fright

Apparently, the mighty wielders of petrodollars and pension billions are clutching their pearls, awaiting Congress to finally pass a stablecoin bill—one imagines with as much urgency as a cat awaiting Thursday. Banks holding crypto? Regulatory clarity on tokenized stocks? At this point, the only thing less decisive than Congress is a cat at dinnertime. It’s little wonder no one’s writing fat cheques.

Rumor has it, sovereign funds are tiptoeing into the crypto speakeasy—hats pulled low, looking for the exits. @scaramucci is in the orchestra, clarinetting the news.
— Anthony Pompliano (@APompliano) May 9, 2025

Penny-ante Bets from Billionaires

Right now, Norway and China—those titans of thrift—have barely dipped their toes in the pool. With over $3 trillion between them, you’d think they could at least make a splash, but their “insignificant purchases” wouldn’t ruffle so much as a duck feather. With Bitcoin at $2.05 trillion, tossing in a mere $100 million barely causes a champagne bubble. You know an institution is cautious when they make Ebenezer Scrooge look like a Vegas high-roller.


Regulation: The Long-Awaited Champagne Pop

Should America finally allow banks to mind everyone’s Bitcoin—and if some proper markets for these tokenized baubles appear—the floodgates may well crash open. Just imagine: ten trillion dollars galloping into digital coin with only an 18-minute lunch break for tea. The price would leap so fast it could give you whiplash. If you’re in the market, darling, do wear a sturdy hat.


The Crystal Ball: Bitcoin’s Grand Waltz?

Some say the dance floor will be even more crowded soon. ARK’s Cathie Wood believes Bitcoin hitting seven digits by 2030 is now plausible—though if you’d asked for this prediction in 2011, you might have been offered some very creative nonsense in response. Every time a sovereign fund sidles up for a taste, it further dries up supply. Could be an almighty scramble for the last canapĂ© at the gala before the band plays “Auld Lang Syne.”

Of course, the Americans may once again display their penchant for melodrama and dawdling, while Europe and Asia indulge in sandbox games and regulatory show-and-tell. Until the curtain goes up and the final law is passed, though, our sovereign high-rollers will nurse their cocktails and wait for that one irresistible cue to throw money at the stage.

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2025-05-11 16:44