sovereignbeef on Nostr: I tend to agree. I don’t think Lutnick, Bessent and Sachs understand Bitcoin enough ...

I tend to agree. I don’t think Lutnick, Bessent and Sachs understand Bitcoin enough to realize what they’re doing. They’re placing a depreciating currency directly next to an exit door to the hardest form of money that’s ever existed. My conclusion is they are either intentionally laying the groundwork for fiat’s demise, unintentionally doing so, or plan to introduce legislation that restricts the free movement from stablecoins into Bitcoin, likely through more punitive taxation.

I tend to think it’s the most former and that they are the accidental architects of fiat’s last, pathetic gasp of air.

The fact they’re all accumulating BTC reserves a small possibility of their intentionality.