Replying to Avatar asyncmind

An executive order for the capture of MicroStrategy (MSTR) or its assets would echo the events of Executive Order 6102 (1933), which forced American citizens to surrender their gold to the U.S. government. Here's how such an order would have devastating consequences and mirror the Great Depression-era confiscation of gold:

1. Precedent of Asset Seizure & Breakdown of Trust

In 1933, Executive Order 6102 led to forced confiscation of gold under the justification that hoarding was harming economic recovery.

If the U.S. were to seize MSTR's Bitcoin holdings, it would send an immediate global signal that private property is not safe in the U.S., just like in 1933.

Investors, both foreign and domestic, would lose faith in U.S. financial institutions, leading to a capital flight as people rush to move assets offshore.

2. Banking Collapse & Loss of Global Reserve Status

In 1933, the U.S. had to halt gold withdrawals to prevent a total banking collapse.

If the government seized MSTR's Bitcoin, it would confirm that Bitcoin is the new gold, triggering:

A run on exchanges as people move their BTC off U.S.-regulated platforms.

Massive outflows from U.S. banks as investors shift to offshore jurisdictions or direct Bitcoin custody.

Further weakening of the U.S. dollar, much like what happened when gold was confiscated to stabilize the monetary system.

3. Economic Instability & Bitcoin-Driven Flight from Fiat

After 1933, gold was revalued from $20.67 to $35 per ounce, meaning those who turned in their gold were instantly robbed of 69% of their wealth in purchasing power.

If the U.S. seizes MSTR’s Bitcoin, it will likely impose a price control or official valuation, leading to:

A huge surge in Bitcoin’s black market price as people seek to reclaim their wealth outside the U.S. system.

Dollar hyperinflation risk, as Bitcoin would become a global hedge against USD confiscation.

A stock market crash, as investors realize that high-risk assets (like Bitcoin) are more secure than U.S. equities under government control.

4. Loss of Legal Credibility & Collapse of Corporate Investment

In 1933, FDR’s gold seizure led to lawsuits, but the Supreme Court ruled in favor of the government, confirming that contracts tied to gold could be voided.

If the U.S. government forcibly seizes MSTR’s Bitcoin, it would create legal chaos:

Corporations would flee the U.S., fearing arbitrary asset seizures.

Tech firms, investment funds, and Bitcoin miners would rapidly relocate offshore.

Foreign investors (China, Saudi Arabia, Europe, Latin America) would pull capital from U.S. markets.

5. The End of Bitcoin Regulation & U.S. Influence Over Crypto

The 1933 gold confiscation led to the creation of offshore gold markets, weakening U.S. control over global finance.

A Bitcoin seizure would push the Bitcoin industry out of the U.S., making it:

Impossible to regulate or tax effectively as innovation moves to Singapore, Dubai, or El Salvador.

A de facto alternative reserve asset, where nation-states hold BTC as a hedge against the dollar.

An acceleration of de-dollarization, as nations shift trade settlements toward Bitcoin or alternative assets.

Conclusion: It Would Spark a 1933-Level Financial Crisis

Just like 1933, a U.S. Bitcoin confiscation would destroy financial confidence, trigger capital flight, and accelerate a new monetary paradigm shift.

The difference today is that Bitcoin is digital, decentralized, and global, meaning unlike gold in 1933, it can’t be physically confiscated without extreme coercion.

Rather than suppressing Bitcoin, such an action would prove its necessity—much like gold’s surge after its 1933 confiscation.

This would be the U.S. government’s biggest financial mistake since Nixon closed the gold window in 1971, accelerating the death of the dollar’s global dominance.

#wildshit #wildspeculation

I agree with all, except that the digital aspect actually makes it more susceptible to freezing, confiscating, etc. They can and are doing that now. If they want my gold, they will have to find it.

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Easier tonfind gold with a particle detctor than a secure crypto wallet

Not on the ledger. If they can tie a purchase to you, they can tax your butt or throw you in jail. Basically, they can do whatever they want. And there is a lot of land around, but I guess they could do the same with gold.

Unless you hold your gold and sleep on it there is always counter party risk ... St George slays the dragon sitting on his gold lol

I guess the point I'm trying to make is this. Don't view btc as a utopia. There are numerous obstacles. 1) regulatory I mentioned. 2) commoditization -- wall street btc futures, etfs, banks, sovereigns. Markets can be cornered, fixed, and have been, like gold. Shorting will happen, so take advantage. 3) Sovereign control. If btc challenges central bank control, then central banks will take control. If so, you lose. If central banks adopt as currency, go back up to #2.

If you hold, you will be OK long run, as long as it is not outlawed, but volatility might get scary. So, don't paint it as a panacea, deal with it as it evolves.

It solves money, solving money is a pancea the world needs desperatelt ... there is no alternative to a bitcoin utopia ... it is as real as all our collective hopes and dreams ... unless we get smashed by a golden astroid lol

It really doesn't solve money, if central banks control it. As an analogy, let's say you have a fixed number of dollar bills, and the gov says we will never print another dollar bill. So as the economy grows, the demand for commensurate dollars grows, and the dollar skyrockets in value. Deflationary spiral, and gov, a net borrower defaults, or economy goes into depression. So the gov comes out and says, you know, that dollar (btc) you own? It's not worth 100k, we are going to devalue and say it is worth 50k. And Mr hodler, if we catch you doing any funny shit on the side, we will consider you a counterfeiter. We have an irs agent on the way to discuss this with you.

Yes if gov is able to capture large enough amount to continue to be able to exersise power and maintain the friction that results in action. When enough individuals hold sufficient bitcoin incentives are in favor of individuals .. somethin like that ..global consensus network gov is irrelevant uninstall from brain ... trustless systems with continuously verifiable behaviors