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Trey Walsh
d5415a313d38461ff93a8c170f941b2cd4a66a5cfdbb093406960f6cb317849f
gm pv welcome to my nostr crib | here since block 768753 All in on freedom tech and Bitcoin, creating the world I wish to see for my children. Plant-based + sober advocate. Post-progressive currently thinking about philosophy and political-social theories around anarchism and libertarian socialism as it relates to humanity’s global struggle for freedom in the 21st century. Other stuff: insufferable Boston sports fan, indie music (mostly), New Englander, hiking enthusiast, lover of the 🌞 & 🌊 Director of Finance and Administration myfirstbitcoin.org

I believe folks pretending the U.S. government holding Bitcoin will be just that, and similar to the U.S. holding gold, with no other ramifications on greater involvement into the protocol, mining (sanctions) and other unforeseen ramifications, are being disingenuous.

We always should have prioritized tax treatment of Bitcoin first via Congress, which would increase adoption with more people able to spend and use Bitcoin as digital cash. If the U.S. government wants to stack, fine, but some in the bitcoin community tripping over themselves to make this happen as soon as possible, I believe, is purely for a bag pumping stunt.

It’s not smart…there are way too many risks for my comfort here!

“No the only way the U.S. government will adopt bitcoin is if we frame it for them in a way that’s favorable to them!!!”

Well no then, they get Bitcoin at the price they deserve. Bitcoin is a threat to the U.S. dollar, long term. This doesn’t mean the U.S. falls and we all suffer, but the dynamics change for state money absolutely. We do not need intermediaries. Bitcoin is a complete game changer for medium of exchange and store of value.

It’s both. Stop pretending. You’re engaging in bad faith otherwise. nostr:note100z75c9ac6exqljz98gpq0wtnr28mpw56vzzra04lwtrasasyfdqjzy3me

😮‍💨😮‍💨😮‍💨

100%.

I think they are watering down the real good stuff for a “better chance” at actually getting something through.

Seems the govt is open to digital gold…but to payments other than the dollar? That’s a tougher sell and where the real battle is (and privacy/self-custody imo)

Attached are photos of the draft Strategic Bitcoin Reserve by the Bitcoin Policy Institute

Right off the bat I am deeply concerned about the specific definition of Bitcoin, not as a peer-to-peer electronic cash system, but “Bitcoin is a decentralized and finite store-of-value asset, akin to digital gold, with unique attributes that can bolster the resilience of the U.S. dollar and support American economic interests.”

I understand why they stated Bitcoin as such for political purposes to gain the love and affection of the U.S. government and this executive order…but at what cost?

Before you start yelling at me; yes, I think no matter what governments are going to get and hold Bitcoin. But Bitcoiners crafting language like this is just concerning to me. And we should scrutinize the hell out of any moves like this, particularly when the government is involved or invited to the table.

There is no technological reasons why Bitcoin can’t be used for payments or medium of exchange. It’s a *political* issue.

The U.S. government does not want the threat to the dollar and tax wise wants to make this nearly impossible, which it is.

Bitcoiners are asking, nay, begging for trouble with the U.S. government getting *this* involved with Bitcoin.

My god what’s the rush?

Yes pump my bags daddy Trump

There seems to be a battle between Dennis Porter and Bitcoin Policy Institute to get a draft Bitcoin strategic reserve executive order to Trump.

Dennis posted his like 30 min after the BPI draft was floating around

What is going on here? Kinda embarrassing…

I’ll take a low 50s New England day in December any day for walks with my daughter ❤️

New #TPBPod out now!!!

Get into it nostr:note1zj502w88rdyyj5wxt97agf7q206fppg2c6483rmdkxu8xpdj8uvs5phuhx

We’re all getting empty closets to record podcasts in this bull run

Gm 🔥

An average person can come onto nostr, create an npub, and engage with some of the greatest minds of the present and future. Those that believe in an adopt bitcoin, nostr, and freedom early and at a deep level.

Thats very, very cool.

Whatever you think of it

Pretty much all but guaranteed that the U.S. and other world powers will be buying and strategically using Bitcoin next year.

Wild

I for one think Dennis Porter is Satoshi

I mean he’s gotta be!

As bitcoiners focusing on cypherpunk roots, resistance money, freedom, and the like

I’m not sure we ever would’ve felt like “ok, now is the right time for bitcoin adoption at the government reserve level”

It just happens when it happens. And we remain committed to fighting for the rights of everyone to use and live freely with bitcoin. Whether the government supports that in a moment, or not. The fights will ebb and flow…and mind you, the fights are coming again.

Sports!!! nostr:note17902a3x4r53zun6xycctq7x66lcwxyj8f49gkwg583yue5t9t8msrs7f7h