BrightSats on Nostr: Re governments accumulating bitcoin… If they lose it, all hodlers benefit by ...
Re governments accumulating bitcoin…
If they lose it, all hodlers benefit by increased scarcity. If they sell it, it finds its way to a someone that obviously values it more. If they use it as capital then that would be good because good things come from using bitcoin.
Then again it’s government so I’d bet on incompetence.
So sure, either pump by bags or make the country a better place to live in. I’m cool with either or both.
If they lose it, all hodlers benefit by increased scarcity. If they sell it, it finds its way to a someone that obviously values it more. If they use it as capital then that would be good because good things come from using bitcoin.
Then again it’s government so I’d bet on incompetence.
So sure, either pump by bags or make the country a better place to live in. I’m cool with either or both.