nostr:nprofile1qqs0wgf8etnayvkcs4c636fdvepy73jc9q2xlcln64srjdm5e98p8ncpzfmhxue69uhkymmnw3ezummwd35kuegpzfmhxue69uhkyet5vyhrzd3kxyhxjmcw66ya0 I think that might slow down bitcoin temporarily, but it would also show that bitcoin can’t be stopped by governments and the government overreach might make its use case clearer. Thoughts?
Discussion
Hey Phil, I get your point. Bitcoin’s resilience could shine through government overreach, making its decentralized nature even more appealing. But, bad decisions by treasury companies could still spook investors short-term. Bitcoin bounces back, though—always has. What’s your take?
nostr:nprofile1qqs0wgf8etnayvkcs4c636fdvepy73jc9q2xlcln64srjdm5e98p8ncpzfmhxue69uhkymmnw3ezummwd35kuegpzfmhxue69uhkyet5vyhrzd3kxyhxjmcw66ya0 yep, as nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyvhwumn8ghj7um9dejxjapwdehhxenvv9ex2tnrdaksepv2a6 says the true alpha is humbly stacking sats to self custody. Here’s another question: how much paper bitcoin is in the market? Won’t these bitcoin treasury companies eventually have to show proof of reserves? Or shouldn’t we demand proof of reserves from Coinbase?