I don’t think this administration will come after Bitcoin. But it’s still a non zero possibility. And the fact that it’s written plainly that the sBr is funded with “forfeitures” presents a clear incentive for them to take corn - and since they’re thieving criminals by trade it’s not a huge leap. Anyone who thinks adversarially can make those connections in 1 second.
Discussion
It’s interesting that if the government or any whale entity “takes” some coins out of circulation it inherently makes all the other coins worth more. Feels like market manipulation is possible?
That’s just basic supply and demand. Governments are not natural market forces so I guess you can look at it as market manipulation but it would be no different from when they held gold.
The incentives drive outcomes. More seizures are inevitable. Be careful friends.