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Poocoins are the perfect smoke and mirrors for a large mover like the US to adopt Bitcoin.

If the US were to move in straight to Bitcoin, it would be clear to other nation states what is happening. With poo coins, it's much less obvious.

MAHDOOD 10mo ago

The goal is to separate money and state. A strategic bitcoin reserve is not beneficial to them.

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Discussion

Matthew D 10mo ago

The US government buying bitcoins does not mean that money and state are merging in any way.

MAHDOOD 10mo ago

It could lead to it I think. They can easily pressure the large mining companies to start censoring certain transactions.

Matthew D 10mo ago

The policymakers setting "crypto" policy right now are like children. These decisions are the first moves in the nation state game theory...early and foolish.

But the games not over, not by a country mile.

MAHDOOD 10mo ago

I can see that. My hope is that the nation state dissolves.

Matthew D 10mo ago

They (we) have done a lot of harm. My hope is that Bitcoin forces the nation state to be ethical or dissolve.