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Replying to Avatar Brrrrrgardus

I think they’ll seize it and mine it in secret. Hash rate is no longer sensitive to price and energy costs are going up so they may already be mining it. Bessent slipped when he said they were only going seize Bitcoin not buy it. He walked that back but and went with the “tax-neutral” official talking point. I think they’ll seize sovereign wealth fund may acquire more than the treasury.

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CitizenPedro 3w ago

Ah, good point. Mining would perfectly fit the situation, with the whole "drill baby drill" energy thing.

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