Kinda of a double edged sword isn’t it? Sure it “legitimizes” Bitcoin in the eyes of normies but doesn’t introduce more regulatory risk to Bitcoin? My view of Bitcoin is a tool to be used outside of state control not to be co-opted by the state because it normally doesn’t end well. Just my two sats
Discussion
I think that perspective is unfortunately incorrect. I used to think the same way and then I realized that there is no way we can possibly escape the state. That said it’s an open question whether we are co-opted or they co-opt us. We have to play it out to see.
