Some countries do not agree with bitcoin some even ban it but they will be forced to acquire some as a form of insurance, Fidelity wrote in a recent report.
According to an article from coindesk:
2020 and 2021 are considered the years of bitcoin’s institutional adoption, in a new report Fidelity Digital Assets wrote that 2022 might be the era of adoption of bitcoin by sovereigns.
Fidelity Digital Assets Institutional Investor Survey found that 71% of U.S. and European institutional investors surveyed intend to allocate to digital assets in the future.
I saw some millionaires, even billionaires invest in crypto incase “money goes to hell” as they say