would only collapse the dollar faster because they'd be printing money to trade for Bitcoin and then the remaining Bitcoin would be more scarce

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The purpose of peer to peer would no longer make sense and would become a collector's asset 🤔 Only bitcoin lightning and circular economies would make sense, everything depends on adoption and use. The bitcoin reserve seems to only serve to take some coins out of circulation and make the remaining ones valuable, people will sell and governments will continue buying 🤔