I am going to take a shot too.
1. The gov holds onto the btc it has as a security measure.
2. A black swan event causes hyperbitcoinization.
3. The supercomputers will be dedicated to cracking 256 but encryption.
4. Lost wallets will be drained and controlled.
5. Back to square one where one of the dominant currencies is controlled by the gov.
6. But it’s just the beginning of decentralized currencies.
Didn’t the US gov sell off all of the confiscated Bitcoin they had? Seems like something they would do
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They have reportedly 5.5 Billion worth of BTC. They are one of the biggest whales. They have had a few tiny tiny auctions a while back. Seem to be holding only.
They said they were selling it all this year and then made one sale and seemingly forgot about the rest 🤣
