Replying to Avatar Pana - The Refuge Network State

Interesting that he's done so much.

Instead of berating him, maybe multiple people should take up the mantle of educating him on #Bitcoin until he understands it. Not everyone has the privilege of a proper explanation.
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S!ayer 3mo ago

Well he's been head of the central bank for a few years now because of his gravitas.

I don't think it's that he doesn't understand Bitcoin, it's that a reserve needs to be understood in context of what a reserve means, not just because you say it is a reserve.

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S!ayer 3mo ago

Just to be clear, he's on a panel with Bitcoin industry consortium pushing for Bitcoin reserves and he's sort of sub tweeting them by saying, "so what?"

Fundamentally, it's public policy that defines what is both valued and what is in reserve.

But you can see scaramuchi et all is glossing over lol