Morpheus on Nostr: I don't think the US govt will ever make a BTC reserve or care much about it unless ...
I don't think the US govt will ever make a BTC reserve or care much about it unless they are incentivized to so. It strongly implies the govt is thinking about its people and the best interests of them and not just about getting paid.
The US govt is a business, and not actively making the best decisions for its people. It makes options that make it the most money in the short term which is way they are dumping their BTC even during an election.
Its full of people who know they are just going to die, and that no matter what they do life will go on regardless, so they orientate policy to benefit them: eventual death is a stronger force than making a legacy that may or may not even be respected.
If it was, than it wouldn't be selling mass amounts of land to the Chinese, or building an app to help illegal immigrants exploit the system.
At some point the country was sold off just like a popular content creator whose channel changed, or the time the praetorian guard auctioned off the role of emperor of Rome.
BTC doesn't have a strong force to lobby (pay) govt officials to steer things in their favor yet. Once the geriatrics hear you will give them money for their beachfront home, or a new boat will they consider anything.
Even if someday they do enact some sort of BTC reserve, they won't even read the bill they passed they will just be told by their aides that the guy who paid for your jet is behind this so vote "yea" this afternoon.
They. Don't. Care.
The US govt is a business, and not actively making the best decisions for its people. It makes options that make it the most money in the short term which is way they are dumping their BTC even during an election.
Its full of people who know they are just going to die, and that no matter what they do life will go on regardless, so they orientate policy to benefit them: eventual death is a stronger force than making a legacy that may or may not even be respected.
If it was, than it wouldn't be selling mass amounts of land to the Chinese, or building an app to help illegal immigrants exploit the system.
At some point the country was sold off just like a popular content creator whose channel changed, or the time the praetorian guard auctioned off the role of emperor of Rome.
BTC doesn't have a strong force to lobby (pay) govt officials to steer things in their favor yet. Once the geriatrics hear you will give them money for their beachfront home, or a new boat will they consider anything.
Even if someday they do enact some sort of BTC reserve, they won't even read the bill they passed they will just be told by their aides that the guy who paid for your jet is behind this so vote "yea" this afternoon.
They. Don't. Care.