My interpretation of recent EO events:
Speculate (hold or sell only) with seized #crypto (the “stockpile”), but save (hold or buy only) in #bitcoin (the “strategic reserve”).
Although it’s built upon legally, but unethically-seized assets (which angers me), the Executive Order is well-written and is massively bullish for Bitcoin in the long-run.
Game theory absolutely in play.
I 100% agree with this statement.
Can’t help but think this is a green light for Zuck to make a move. He’s ripe and obviously trying to please Trump lately. Companies and states that don’t front run this are gonna be effed.
We need to cut back KYC drastically and have diminimus tax relief, wouldn’t you agree?
Both/either would be an improvement.
Can you elaborate more on the seized assets. They’ve said they’re returning some to BitFinance. Are you saying the rest of the btc was unethically seized as well?
Silk Road…
It’s insanely bullish. A lot of midwit takes on the topic makes me even more bullish
In a recent All-In podcast, David Sacks was asked if Treasury Secretary Bessent could essentially sell seized ETH out of the “stockpile” to purchase more #bitcoin for the “reserve” … which would be revenue neutral.
Sacks said yes.
I can't believe the corn is still so cheap lol
