[dellamorta]

What exactly would be smart about holding this?

[rglover]

They'd have access to an asset that's highly valued, finite, and has the properties to serve as a future international reserve currency. It's a hell of a geopolitical "poker chip" to have fall in your lap.

[PeterisP]

It's not a unique opportunity in any way, if the German government somehow decided that it would be awesome to hold $2B or $20B of BTC, they can simply buy it at any time.

[rwmj]

The government can simply print real money any time they want (or lean on the European Central Bank in the case of Germany). Why would they want to hold a useless tchotchke instead?

[infecto]

Yes, one day in the future we will find a use for bitcoin finally. It has been 15 years and we still don't have a really great use case for it but it will happen.

[popcalc]

It’s a deflationary currency. No one is incentivized to spend it.