Damus
Stephan Livera profile picture
Stephan Livera
@stephanlivera
Many governments will go through the same mistakes that individuals and businesses made over the years:
- shitcoining
- thinking they have to mine
- not being serious about accumulation and self custody of bitcoin
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STIMMY #40HPW🎧 · 60w
GOOD POINT. PERHAPS THEY'LL LEVER UP OR SEEK YIELD TOO? EVEN AN ACCIDENTAL SOVEREIGN SPECULATIVE ATTACK WOULD BE A DELICIOUS SELF-OWN. POETIC IN SOME WAYS.
Jam · 60w
The self custody part of this will be interesting to see and likely be missed. No time or drive to really learn the importance of self custody if a bank is holding it for them and allowing them to sleep well at night. Shitcoining should hopefully be a quick lesson. I’ve turned my patience on eco-m...
chrizzz · 60w
Yeah why would it be different
Unaidedcoyote · 60w
All part of the process.
nicnym #BIP-110 · 60w
They absolutely need to mine or else other states could block their transactions
Horszt · 60w
The only advantage of being a government is that they always can print more money. I can’t do these things when I fuck up or lose my money in shitcoins 😅
emily · 60w
Governments have a lot less excuses than individuals do for making those kind of mistakes. Especially shitcoining... Their MASSIVE resources (much of which comes from us) give them the both ability and the responsibility to hire experts who understand the space and can guide them appropriately. Th...