I think that is the real reason the ETFs were approved, to create a giant confiscatable honey pot of Bitcoin. One false flag incident implicating Bitcoin and a very easy 6102 attack nets millions of Bitcoin with an email and press release.

HODLRs should have passports and exit plans. El Salvador obviously, but probably a dozen more good candidates out there.

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My counterargument is “who benefits?” That is, under what circumstances and to whose benefit would a 6102 occur?

A regular individual would benefit from stealing Bitcoin because they would then have money they otherwise wouldn’t. The State doesn’t have this problem. It can print currency in any quantity.

lol

The country with the biggest money printer and pretty high taxes is gonna up end property rights in a scandalous fashion instead of just printing money and/or tax you. Totally