Cleveland Bitcoin on Nostr: Okay so civil forteiture is a problem. Worth tackling going forward. But the outcey ...
Okay so civil forteiture is a problem. Worth tackling going forward.
But the outcey at the moment isn't whether there should be a reserve/stockpile or not. The EO has been signed so its a thing, like it or not. My question is, why would a crypto reserve be preferable over a bitcoin only reserve?
In both instances bitcoin is still subject to civil forfeiture. But one scenario is legitimizing shitcoins and scams while the other is recognizing hard money.
If the question is reserve or no reserve, I see your point re: civil forfeiture and thats certainly worth a conversation and education. But the outcry is having chosen crypto over bitcoin.
But the outcey at the moment isn't whether there should be a reserve/stockpile or not. The EO has been signed so its a thing, like it or not. My question is, why would a crypto reserve be preferable over a bitcoin only reserve?
In both instances bitcoin is still subject to civil forfeiture. But one scenario is legitimizing shitcoins and scams while the other is recognizing hard money.
If the question is reserve or no reserve, I see your point re: civil forfeiture and thats certainly worth a conversation and education. But the outcry is having chosen crypto over bitcoin.