If the U.S. government ever tries to 6102 people’s #Bitcoin, it will be the biggest indictment of the USD system the world has ever seen.

It would be proof of the U.S.’s total bankruptcy, and pump Bitcoin price to infinity overnight.

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Agree. If they 6102 ETF and MicroStrategy bags, taking them out of circulation, everyone else's bags pump thanks to reduced supply. Self custody peeps globally, Russia, North Korea, Iran.

Yes.

And the world would learn NYKNYC.

Also those of us who self custody would have great difficulty spending within the USA.

I think that is the real reason the ETFs were approved, to create a giant confiscatable honey pot of Bitcoin. One false flag incident implicating Bitcoin and a very easy 6102 attack nets millions of Bitcoin with an email and press release.

HODLRs should have passports and exit plans. El Salvador obviously, but probably a dozen more good candidates out there.

My counterargument is “who benefits?” That is, under what circumstances and to whose benefit would a 6102 occur?

A regular individual would benefit from stealing Bitcoin because they would then have money they otherwise wouldn’t. The State doesn’t have this problem. It can print currency in any quantity.

lol

The country with the biggest money printer and pretty high taxes is gonna up end property rights in a scandalous fashion instead of just printing money and/or tax you. Totally