This is insane cope for the shitcoin reserve - BUT:
If I wanted to ensure that I had control over all major cyrpto assets going forward, I wouldn't threaten them with harsh regulations (at least at first).
I would subsidize them if they are located and run in our country, which would cause U.S. based coins to outperform and create a situation where shitcoin holders are basically begging to come here and be under U.S. jurisdiction.
I think its even more simple than that.
Even nation states have to shitcoin before they truly appreciate bitcoin.
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