Kudzai on nostr

Open in Damus

@Kudzai 1738116047

While I am against the idea of a SBR, this piece by @Caitlin Long makes some interesting points especially where rehypothecation of Bitcoin in the SBR is concerned.
https://caitlin-long.com/how-to-keep-bitcoin-strategic-reserve-from-morphing-into-a-bailout-fund/

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Caitlin Long · 54w

Ultimately, no amount of “rules” or legislation will protect any accumulation of Bitcoin (a la BSR) from a rapacious government or deep state. BSR will be an irresistible honey pot. BSR will ultimately be subjected to “The Great Taking” by David Rogers Webb.