If you're China 🇨🇳, You would get your biggest Bitcoin Whales to sell off to scare US States from adopting a Treasury Postion

Sovereigns playing a larger game

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you'd like to think our people are smarter than that, but in watching the states run from bitcoin into the cbdc hellacape, they must really be that stupid.

Goverment doesn't attract the best and the brightest

That has been my experience. If they could get attention and money through legitimate means they would do that instead. It must be scary to be them.