So nostr:nprofile1qyt8wue69uhh2mtzwfjkctnvda3kzmp6xsurgwqpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqgxy3c5lqj6g9nqpeg0ea7xgdmurrrq9nc8fx5er2930pq8jdc2vzyu7yza6 How does a Strategic Bitcoin Reserve fit in with the separation of money and state? The two seem incompatible.
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
Discussion
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.