Replying to Avatar Varangos ☦

No arguments here. They are in the denial stage of fiat death. As in, they think that by denying Bitcoin, that they can prolong fiat rule, but really they secure their own demise via a sooner insolvency.

It's to interesting to watch it play out.
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Globe99 5mo ago 💬 1

Right -- and this is exactly why I'm skeptical of the narrative that the SBR means that the US gov't is finally "adopting" Bitcoin. A more appropriate framing is the 2014 essay "Bitcoin's subtlety and allure", in which Bitcoin acts to create internal saboteurs within the State: https://nakamotoinstitute.org/mempool/bitcoins-shroud-of-subtlety-and-allure/

The individuals within the exceptionally corrupt Admin hope to personally profit from Bitcoin (and, more generally "crypto") at the expense of the American State.

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Varangos ☦ 5mo ago

Considering the amount of crypto grifting this admin and it's close associates have done openly already, none of that would surprise me.