Zwiftcoin on Nostr: CITADELDISPATCH episode 149: I’m a fan of BPI and think they are doing good work, ...
CITADELDISPATCH (npub10at…02w3) episode 149:
I’m a fan of BPI and think they are doing good work, but less PR spin on this conversation would be nice. It’s unwise when people are so tuned out of mainstream opinions that they can only see everything in Bitcoin through rose (Trump) tinted glasses.
Listen to what Zack Shapiro is saying. BPI wrote a hypothetical executive order for a bitcoin national reserve. They didn’t coordinate with Trump. They don’t have any idea if the incoming administration has even seen it. Importantly - the BPI draft is the weakest version of a bitcoin strategic reserve. It simply orders the government not to sell the bitcoin it already has legal custody to. In just the past few days, the US has lost this bitcoin in a few judicial rulings. It’s going back to Bitfinex and being sold off (two separate cases).
In this episode ODELL predicted a 90% chance of the creation of a Bitcoin Reserve in Trumps first few weeks. Talk about hopium.
#zwift
I’m a fan of BPI and think they are doing good work, but less PR spin on this conversation would be nice. It’s unwise when people are so tuned out of mainstream opinions that they can only see everything in Bitcoin through rose (Trump) tinted glasses.
Listen to what Zack Shapiro is saying. BPI wrote a hypothetical executive order for a bitcoin national reserve. They didn’t coordinate with Trump. They don’t have any idea if the incoming administration has even seen it. Importantly - the BPI draft is the weakest version of a bitcoin strategic reserve. It simply orders the government not to sell the bitcoin it already has legal custody to. In just the past few days, the US has lost this bitcoin in a few judicial rulings. It’s going back to Bitfinex and being sold off (two separate cases).
In this episode ODELL predicted a 90% chance of the creation of a Bitcoin Reserve in Trumps first few weeks. Talk about hopium.
#zwift