also some gov have really great funds in BTC
Yes, definitely. If I'm correct Bulgaria keeps some amount, USA also had a lot but sold it to the highest bidder in an auction.
When I wrote that there is no concept of "seizure" and "countries", what I was referring to is the fact that when you hold your keys, it is the only type of asset that cannot be confiscated and taken away from you. Real estate can be seized or even nationalized; bank accounts can be frozen;
EMI accounts can be frozen even more often; brokerage accounts can be seized; even cash and gold bars you carry in your car can be seized thanks to "civil asset forfeiture".
With
Bitcoin the biggest threat to you is not the government/taxman/police, the biggest threat is you yourself. If you decide to custody your crypto, you should have a good setup (there are different types of wallets, different backups, multikey etc.) and you should be always paranoid.
If a country gets hold of some crypto, usually it happens in a situation when e.g. dark market operator's home is raided, he is arrested and convinced/forced into cooperating which means handing over your data, information about others etc. The crypto transfer could even be part of a plea bargain...
Then the second scenario is a country actually being active and purposefully mining, buying or stealing Bitcoin. There are some speculations of North Korea and Iran doing this but I have no insider info haha.
After all from March until today the
bitcoin rised with more 10K US$
Bitcoin actually performed very well this year. The drop in March was correlated with equities - that was disappointing - but on the other hand nearby everything else crashed as well including gold. There was a moment this year when BTC crashed 40% in a day and the main reason why S&P500 crashed only 10-15% that day was probably that there are circuit breakers (pauses in trading) for the US stock market and liquidity of equities is much bigger. If equities were not "shielded" by this protection, I wouldn't be surprised if they crashed even more than Bitcoin and gold on that day.
The real question now is what will happen with US dollar as the world's reserve currency, with US debt and real interest rates in the developed world. I have a feeling it can't end very well for the US.