As good news as any:


VanEck claims that the bitcoin reserves of 20 US states can provide an influx of $23 billion on their own.


VanEck is trying to warm up the market with all his might, but the reality is that bitcoin is still a financial attraction for enthusiasts and speculators.


Twenty three billion? Sounds good, but where are the real buyers?


Retail is already squeezed out — it has no time for crypto when inflation is strangling its pockets. Institutions are also in no hurry, because, despite all the hype, bitcoin remains an instrument with a dubious status: neither a full-fledged currency, nor a stable asset, nor a protected reserve.


Real mass adoption will appear only when states not only recognize the blockchain, but implement it into their financial system. For now, it's still the same old Wild West: beautiful in words, but dangerous in practice.


We're waiting! 


#btc #bitcoin #vanec #blockchain

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