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Replying to Avatar DireMunchkin

One one hand: The state has no legitimately owned property. This includes the Bitcoin that'll be in a strategic reserve.

On the other hand: This helps monetize Bitcoin, which accelerates the timeline to demonetizing government debt. Thus making future deficit spending and devaluation (theft) of savers impossible.

Based on the latter point I still thinks it's good to advocate for. Even if it does mean NgU will benefit the state as well in the short to medium term.

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Toxic Bitcoiner 1y ago

Your note is more nuanced than any other takes I’ve seen from influencers lately. The delineation of different effects over different timescales, particularly Bitcoin killing the State, is absent.

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