You claim they steer clear of owning any bitcoin. I asked for proof of this. I know you read my reply....
Isn’t one of the perks of owning bitcoin anonymity? So central banks can also take advantage of this perk, can they not?
I don't have any proof that they don't own bitcoin. Do you have any proof that they do?
Central banks can do whatever they want and wouldn't hesitate to lie. Maybe they do own bitcoin to launder money. I don't know.
Maybe SilverDoge can find a youtube video to argue that they do own bitcoin. I suspect they don't.
Bitcoin is semi-anonymous. If/when a user converts to dollars on a US exchange, they will have to KYC. Therefore the bitcoin address they are using is now "attached" to that individual.
Central banks wouldn't be using Coinbase. They would likely use an Over The Counter (OTC) broker, so that they can maintain anonymity and do large transactions with minimal slippage in the price (thereby attempting to get it as cheap as possible). Secondly, it most likely isn't going to be the US or EU central banks buying. They believe in the current system. It will be "rogue" nations or small time players looking to become larger global players in the next paradigm. Perhaps Singapore, Vietnam, Panama, Armenia, Thailand etc.
The beauty of bitcoin is that anybody can claim to own any amount....see the fraud Craig Wright. Or, you can own 100,000 bitcoin and claim to own none. Central banks have no motivation to announce they own any until the first major central bank announces that they do....but being the first to announce would put a target on their back - think Gaddafi of Libya. So the first mover has to be somebody that the US wouldn't go to war with like China or Russia. Once one of these two announce they own 250,000 bitcoin as part of the foreign reserves, the cat will be out of the bag. The smart play is to acquire some before that D-day arrives. As a central bank, if you can print money for free, and then exchange that for a deflationary currency like bitcoin which continues to increase in value, why wouldn't you? For the same reason the East has been buying gold, they likely also acquire (or will one day acquire) bitcoin. The difference is that buying gold moves markets and is easy to track, so one must do it slowly. It's much easier to conceal one's bitcoin purchases on that scale.