bitcoinstr on Nostr: It’s the right thing to do. In fact all seized bitcoin should be sold. The only ...
It’s the right thing to do.
In fact all seized bitcoin should be sold.
The only bitcoin that the US should put in its strategic reserve is bitcoin that it explicitly buys from the treasury .
If you don’t understand why you don’t understand perverse incentives .
If the government can just seize bitcoin and place it in its reserve, the government will seize all of our bitcoin and place it in its reserves .
The house bill for strategic bitcoin reserve is pure evil because it incentivizes the government to seize bitcoin from civilians, no different than how the Canadian truckers had Their assets seized read it carefully and understand perverse incentives.
In fact all seized bitcoin should be sold.
The only bitcoin that the US should put in its strategic reserve is bitcoin that it explicitly buys from the treasury .
If you don’t understand why you don’t understand perverse incentives .
If the government can just seize bitcoin and place it in its reserve, the government will seize all of our bitcoin and place it in its reserves .
The house bill for strategic bitcoin reserve is pure evil because it incentivizes the government to seize bitcoin from civilians, no different than how the Canadian truckers had Their assets seized read it carefully and understand perverse incentives.