If you're cheering on the Strategic "Bitcoin" Reserve, you may want to familiarize yourself with civil asset forfeiture.
For Bitcoin Magazine:
https://bitcoinmagazine.com/legal/bitcoin-reserves-and-the-incentives-of-civil-asset-forfeiture
Discussion
A public, transparent ledger is the best store of value -
for the ones who will take take it from you.
This is where qualified custodians, turn into the siezure arm of the gubment. This includes MSTR. David Webb’s work, The Great Taking goes into great detail.
And Executive Order 6102.
In fact, look into “the occult art of law”. That will blow your mind- it goes hand in hand with what David Webb discovered. Legalized theft.
Totally likely scenario
Everyone knows Trump secretly hates the crypto industry and has all the incentives to go about the strategic reserve in the least favorable way. It’s not like he is known for wanting people to like him. All part of the plan.
Good thing we still have the ETFs 
Yes, this.
Listening to my economic talking heads this morning discussing how the US will fund the SBR. Options are a) print money, b) convert gold, c) tariff income, or d) "seized BTC assets". The discussion concluded that printing to buy or selling gold to buy BTC would be a non-starter and tariffs were still an unknown, so seized assets would be the quickest way to get the reserve started.
Just the mention of seized assets ran an ice pick down my spine. I do not want any government incentivized to take my property. The seized property they already have, from back when they believed it useless, sure. That's fine. But lets not start a habit. For all the bitmaxists' love of bitcoin, in some ways, the open ledger does not equate to freedom because it lacks the privacy to do so.
#noseizures #sbr #privacy #propertyrights #bitmaxists
Imagine all the Russian yachts to swap for bitcoin
If you don't understand self-custody of BTC, yesterday would be the time to start familiarizing yourself.
Call me naieve but this seems pretty paranoid. Why steal from us directly when they can steal from us indirectly with the printer and buy btc.
Because printing will create more inflation, raise the deficit, and also buying BTC would require approval from congress.
Theres a book by David Webb,
Also a free video on youtube called “the great taking”. I recommend you read/watch it. (Both are available free)
My mentor from my old TradFi days recommended it to me.
https://www.goodreads.com/book/show/203175664-the-great-taking
Theres a book by David Webb,
Also a free video on youtube called “the great taking”. I recommend you read/watch it. (Both are available free)
My mentor from my old TradFi days recommended it to me.
https://www.goodreads.com/book/show/203175664-the-great-taking
There’s no difference in defaulting on $66t, or $36t, or $250t when the dollar goes to zero who gives a fuck what you printed.
Theres a book by David Webb,
Also a free video on youtube called “the great taking”. I recommend you read/watch it. (Both are available free)
My mentor from my old TradFi days recommended it to me.
https://www.goodreads.com/book/show/203175664-the-great-taking
oh interesting, thank you!