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A lot of people seem to have trouble comprehending that you can be highly critical of the government AND appreciate the historical significance of the Strategic Bitcoin Reserve Executive Order… “OH SO YOU WANT THE GOVERNMENT TO HOLD BITCOIN??” It’s not about *want* — it’s just reality. SBR creation was the inevitable result of Bitcoin’s success. If Bitcoin was NOT winning, there would be no nation-state adoption. Since Bitcoin IS winning, nation-state bitcoin adoption is inevitable. I know, winning feels weird. You better get used to it. You were right about Bitcoin, and all your friends, the media, and Elizabeth Warren were wrong. The most powerful nation on the planet just confirmed what you’ve been ranting about for years. Bitcoin is money for enemies. Deal with it. Every individual, company, and country will naturally try to accumulate as many possible units as they can of the only verifiably finite asset on the planet. “BUT I DONT WANT THE GOVERNMENT TO OWN BITCOIN!!” Too bad. Bitcoin doesn’t care. “BUT WHAT ABOUT THE SEPARATION OF MONEY AND STATE?!” Bitcoin *already* separated money and state; it separated the CREATION of money from state. “WE SHOULD STOP THE GOVERNMENT FROM HOLDING BITCOIN!” It’s impossible to stop the state, or anyone, from holding Bitcoin, because Bitcoin doesn’t care who you are and can’t discriminate. The same rules apply to everyone. That’s kind of the whole point. Anyway, follow @npub10qrs...xqj8 image

Replies (11)

It's an incentive to confiscate tainted coins, while the definition of taint gets retroactively applied to all of the history of this lovely transparent, yet unfortunately non-fungible coin. People are celebrating wars these days, so it's no wonder they also celebrate future theft from Bitcoiners. Hail fiat NGU!
Separating the *creation* of money from state is the key here, very good point. The beauty of bitcoin is that it puts the nation state on the same level as the individual! At some point, the state will *have* to start accepting Bitcoin as legal tender, otherwise they will miss out on a lot of tax money. Then people will truly discard fiat, the authority of the state will shrink drastically, and liberty will come back. We have an exciting future, and there's nothing statists can do about it.