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jimmysong · 80w
I don't understand all this hate against the SBR, especially if you're American. Do you care about the United States? Do you care about your neighbors? Every organization is incentivized to own Bitcoi...
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HODL @HODL
The government hodling bitcoin and Bitcoin being apart of the major stock indexes means that all Americans own Bitcoin. Which is beneficial from a self preservation standpoint for early bitcoiners. The more the wealth is shared horizontally across society the less likely there are to be pitchforks for the OG’s.
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Foxfire Mushrooms · 80w
In what sense does what the government owns translate to wealth sharing amongst all Americans? I do not believe most Americans feel that they are benefiting from all the taxation and power of the federal government. In America, taxation mostly gets us endless wars, no healthcare, no education, and h...
jgbtc · 80w
Like we all share the wealth of the gold in Fort Knox?
ภ๏รtг๏ภคยt · 80w
Not quite sure how your getting from the government stacking to "all Americans now own bitcoin" That's like saying that now that the government is printing money, all Americans are rich. Horrible take.
Karnage · 80w
You’ve just described a perfect situation for a justified enshitified (eventual) fork. Not saying it would happen but if it did, this is probably how. But at the same time, you’re right - safety in numbers. You wouldn’t want to screw over your people.
Globe99 · 80w
"The more wealth is shared horizontally...." To me, people owning Bitcoin broadly across society = "horizontal." The US government controlling a large stockpile of Bitcoin = "vertical."
SoEV · 80w
Okay how about ADA SOL and ETH. Pumped about that too? Shitcoiner at the top of the whole scheme
Mr_Zengoldabil · 80w
> Government Hodling > People owning Choose one. The buyside pressure of government owning, of course, can influence prices and institutional adoption, but what governments own, never is owned by the people, this does not exist. The state is a mob, and its existence occur only by cohercitive taxati...
It's Moro! · 80w
the US government owning bitcoin is literally the only entity i worry about causing a fork.
PiecoverBTC · 80w
A government owned bitcoin is NOT peoples bitcoin. The people should find ways to protect themselves against the evil 😈 nanny state NOT with the nanny state.