Where did you see that governments in particular are buying up Bitcoin? I don't think I've seen a single example of any major government buying up anything more than a nominal amount of BTC.

Most major governments, with the US in particular, already have large troves of Bitcoin that are seized from criminals. For instance, I think I recall the US seized 100,000 BTC from the operators of Silkroad.

I doubt they need any more than that.

We really don't know for certain if government are into bitcoin. But you have to ask yourself what benefit the government can get out of it? As for institutional money, I have my speculation that they have been in the ecosystem already, even prior to the peak in 2017, but this is just my opinion.

I don't have info, much less an inside one. But if I were to take some inklings from the statements of the recent United States congressional hearing on Libra and cryptocurrency, I would say a great many of them must have already bought a bunch of Bitcoins. I mean, would you not if the likes of Winklevoss are on it? And saying that Bitcoin is unstoppable means a thousand words, which cannot be hidden with such a seemingly unbiased remark.

In that case not all the governments are using it that's why there are still banning it. As per article Naamani hopes it will lead to bigger and better things we as an individuals have different perspective like Naamani said I can say its true and what the technology can do in the future.

but they are not "using" those coins. the seized coins have a clear fate and are only auctioned off to the public like everything else that the law enforcement seizes.
what this FUD that OP is pointing to and has been circulating on the internet lately, is referring to is basically about government buying bitcoin to manipulate the price. which doesn't make any sense at all if you ask me!

Source please.    A government cannot simply use taxpayers money to speculate with high risk investments. It is highly unlikely that a lot of governments with good governance would openly admit to speculating with bitcoins. Yes, governments waste tax money on fruitless expenditure and they over pay for goods and services, but they cannot gamble money on high risk investments.  

The main aim of governments in a democratic government is to keep the voting public happy, so that they would re-elect them in the next election and to stay in power. So if the voting public gets wind of "speculation" being done with a high risk investment, those voters might not be that happy.  

I dont think its true.its simply impossible because there are rules and inspection mechanism and if this reveals, that governent has to resign.maybe only countries who deal with embargo.

See bold - That’s the way governments & institutions want it to be, they want to buy up all the coins they coin without any publicity. They want the coins as cheap as they can.

i think they don't have to buy bitcoins, if they want some they just seize them - as some members here already pointed out.
mtgox coins sold in japan, silkroad coins auctioned in the us ... i think the gov is not interesting in keeping bitcoins

Now that you're asking, I guess you don't know anything about company structures. In fact I think we can talk about all these company purchases.

We are constantly reading the news that large companies have purchased or will receive cryptocurrencies. But it's not that simple. All the companies we call big companies are capital companies. And it would be a bit of a dream to expect them to make risky investments. We should not expect companies to invest in the current state of BTC. Or any other cryptocurrencies.

Everyone can expect the price of Bitcoin to go up. They don't easily put millions of dollars into this market for this. In addition, all these companies do not have the appropriate legal regulations to make these investments! So how will they show their BTC purchases in their accounting records? Balance sheets? Let's be realistic. Companies must act in an accountable manner.