The funny thing about the US creating a crypto stockpile that has Bitcoin plus scamcoins, is over time it becomes a 100% Bitcoin stockpile as the scamcoins trend towards zero.

Is it embarrassing and misguided? Yes. But it is also self-correcting.

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Nicely said.

Yeah, time washes away the shit from the beach eventually.

And yes, every “crypto” other than Bitcoin is a scamcoin.

bitcoin + scamcoins is not a fixed supply. it's the fiat system with the same fiat problems, only the kids are down with it.

What's the TL;DR on this Executive Order? #asknostr

nostr:note1m59ansdextjep8nlhanu79t2uw8a73dxjjfg0q8aw5uhcw3n8zeq6k3n2q

Even better, it signals to other totalitarian regimes to load up on scamcoins. They all copy America.

Completely agree. Scam coins are no threat. And their inclusion now only smooths the transition to BTC. Consider it a gift- more time to stack and get friends and family ahead of the coming tidal wave.

Yes, it doesn’t matter in the long run. Bitcoin doesn’t need anyone

The only was to ensure self correction would be to legislate the stockpile that once all these “experts” and “workgroups” decided how much shit should be in our smoothie is that they commit to holding that for 4 years. If they do, I think the fundamentals will speak for themselves, do a one time rebalance to 100% BTC and be done.

Do I think politicians can keep their hands off anything? No

Could another administration can me undo it? Yes

For this idealistic plan to work would need BTC to perform well, continue accumulating the liquidity from all the other shitcoins over time, and have a strong follow up term in office from anyone who will let the experiment continue.

The proof of work will speak for itself. We/America/politics will delay the inevitable by continuing to try to trade this stockpile

*can another administration come in and undo it? Yes