America does not need a strategic ‘crypto’ reserve.
We don't need a strategic ‘digital asset’ reserve.
We need a strategic BITCOIN reserve.
(Unless our goal is to absolutely screw over the citizens of this country)
My latest random rip on nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8
Why do we need a strategic bitcoin reserve? Why steal my money to buy the asset I want to buy more of? Why not just stop stealing my money and let me buy it?
Government don't need a Bitcoin reserve. They need to make it legal tender and cancel capital gains taxes on it. And if it's not too much to ask, please also ditch the FATF 😁
governments just need to fuck off ;)
But it is not happening and it won't under this administration.
We don't need a strategic bitcoin reserve. We need the govt to shrivel up and die.
They will learn that with time. It’s crazy to watch the US gov act like a friend that you orange pill. They always seem to get stuck in shitcoins at the start, then they get burned, then eventually they find signal in the noise and come back to bitcoin.
Did you ever think that politicians might have the citizens interests at heart? Surely their fundamental goal is always to keep the citizens in servitude.
Loved this, so did my husband. 🧡✨
We talking about governments rumpling citizens when they devalue their fiat currencies. This could be so similar when they backtrack on the shitcoins and they all tank.
That should have been rug pulling.
So nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u How does a Strategic Bitcoin Reserve fit in with the separation of money and state? The two seem incompatible.
If Bitcoin succeeds, as it *is* currently succeeding, then it is inevitable that every nation state will accumulate Bitcoin. No one can stop them, and Bitcoin doesn’t care.
We have *already* separated money from state; that happened the moment the Genesis block was mined.
The key thing to remember is that “the separation of money from state” is about the separation of the CREATION and CONTROL of money from state.
Good point(s). I'd rather see the government not stack any sats, since any value they've accrued was somehow stolen from its citizens. It's not like they've produced anything, really.
I first became a bitcoiner with the idea that it would take power away from the state, and reduce or stop war. A US government with a huge amount of wealth from an enormous stack of bitcoin would still be able to bully the world for quite some time.
I agree, but governments are as free to buy bitcoin as anyone else, and it is the natural consequence of Bitcoin’s success that they would want to do so.
If Bitcoin sucked and was a failure we would not be having this conversation.
All government "reserves" are stolen from the people directly or indirectly. And all of them suck all the financial freedom and privacy and being your own bank out of whatever crypto is in the reserve. Supporting this just to pump your bag is suicidal and stupid. Any such reserve screws both crypto and the people.
