Sell it all, separate money from state.
The US government now has one week to sell the #SilkRoad stash before the next administration gets in. 💁♂️
They'll sell OTC (so it won't affect the price), but if they do, the US will officially be dethroned by China as the largest nation-state #Bitcoin holder. 🫠
What this #BTC wallet does for the next 7 days will dictate the trajectory of geopolitical dynamics for centuries to come. 🤙
Silk Road (DoJ Wallet):
bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6
https://mempool.space/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6
Discussion
If you're on team sell, it'd probably behoove you to learn some Mandarin because the entire Western-aligned world will be absolutely cooked. 🤙
Don’t you think the Chinese are equally cooked? The Western governments would certainly be at a loss without the best money but I’m ok with that as long as the majority of bitcoin is held by individuals.
TLDR; No. 🤔
Both the US & China are going through massive economic turmoil which will certainly result in contractions for both, but China isn't shooting themselves in the foot by dumping the hardest asset they own. 🤷♂️
The bigger stack bounces back. 🤙
It’s going to be very interesting to watch how it pans out. I’ll try to keep my stack as big as possible while it unfolds.