$DSHARES
Fading QuicklySnapshot Window: 2026-08-05 20:40 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Bitcoin’s digital gold status won’t be proven by its price. @Bitwise derivatives head Gordon Grant argues the real test is whether sanctioned countries hold Bitcoin when the traditional financial system becomes unavailable. Iran once used gold to move money around the world
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AI visual note: A chart titled "Who holds Bitcoin — and how they got it" ranks sovereign Bitcoin holdings as of August 2026, showing the U.S. leading with 328,372 BTC (largely seized from criminal cases), followed by China (190,000 BTC) and the UK (61,245 BTC), while smaller accumulators like El Salvador (7,732 BTC) and Bhutan (4,973 BTC) bought or mined openly, and undeclared holdings by Russia and Iran are only inferred from state-run mining programs. The image ties to the post by illustrating how Bitcoin is already functioning as a sanctions workaround—particularly for Iran, whose mining-driven accumulation echoes the historical gold example cited by @Bitwise's Gordon Grant.