Nationalising Microstrategy would be that easy. Ok, Trump is having issues with activist courts and the US system is a bit more robust than other systems, but Microstrategy (and others) as an entity exists at the pleasure of the US Gov.
The frameworks they operate within are all controlled by the US Gov. The tax system. The regulated stock markets. The regulated banks. The payment rails. The custody agents. The corporate entity structure. All of this can and will be weaponised.
You’ve got to remember the stakes here - losing Dollar hegemony doesn’t just result in a recession or even a depression, it destroys the US as we know it. It would destroy enormous amounts of wealth. Foment secessions. It would lead to huge political unrest which would definitely move beyond politics into violence. Mass unemployment. Mass chaos. Shit will spark up globally without Team Murica having their eye on everyone which means all the wealthy people are not going to be able to avoid things regardless.
And so you have to be realistic about how much muscle those in power would be willing to flex to avoid that worst case scenario. Stealing strategic assets via nationalisation is pretty tame compared to the alternative.
I said earlier I think the odds of it happening in 12-18 months are low, but it’s either in this timeframe, or we get something to kick the can and this happens in the next ~decade because the path is already set.
Bessent might feel it’s now or never. Trump’s tariff policy leads me to believe they do think that, they either strike now proactively or the US will be too weak to make something this big stick in a few years.
And all the stablecoin focus is also a big hint - the only reason for stablecoins to exist is to provide flows for Bitcoin. That the US can print a shitload of treasuries, regulate stablecoin issuers on what they must hold (Tether will get approvals but they’re going to have to hold longer duration), and push the inflation into Bitcoin rather than general prices is a nice bonus but really that’s setting up liquidity for Bitcoin to grow much larger too which they’ll eventually need.
So yeah maybe it is 10 years and it’s all off the cuff reactions to systems imploding at that point, that’s entirely plausible and more likely for Governments to be reactionary like that. But if you see gold revalued soon, and loudly, expect it to be a fakeout with Bitcoin coming over the top because they can’t win at gold.
stacksatsio / StackSats.IO
npub10j…lvcrd
2025-05-30 11:35:12
in reply to nevent1q…9u2j
Author Public Key
npub10jnx6stxk9h4fgtgdqv3hgwx8p4fwe3y73357wykmxm8gz3c3j3sjlvcrdPublished at
2025-05-30 11:35:12Event JSON
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"content": "Nationalising Microstrategy would be that easy. Ok, Trump is having issues with activist courts and the US system is a bit more robust than other systems, but Microstrategy (and others) as an entity exists at the pleasure of the US Gov. \n\nThe frameworks they operate within are all controlled by the US Gov. The tax system. The regulated stock markets. The regulated banks. The payment rails. The custody agents. The corporate entity structure. All of this can and will be weaponised.\n\nYou’ve got to remember the stakes here - losing Dollar hegemony doesn’t just result in a recession or even a depression, it destroys the US as we know it. It would destroy enormous amounts of wealth. Foment secessions. It would lead to huge political unrest which would definitely move beyond politics into violence. Mass unemployment. Mass chaos. Shit will spark up globally without Team Murica having their eye on everyone which means all the wealthy people are not going to be able to avoid things regardless.\n\nAnd so you have to be realistic about how much muscle those in power would be willing to flex to avoid that worst case scenario. Stealing strategic assets via nationalisation is pretty tame compared to the alternative.\n\nI said earlier I think the odds of it happening in 12-18 months are low, but it’s either in this timeframe, or we get something to kick the can and this happens in the next ~decade because the path is already set.\n\nBessent might feel it’s now or never. Trump’s tariff policy leads me to believe they do think that, they either strike now proactively or the US will be too weak to make something this big stick in a few years. \n\nAnd all the stablecoin focus is also a big hint - the only reason for stablecoins to exist is to provide flows for Bitcoin. That the US can print a shitload of treasuries, regulate stablecoin issuers on what they must hold (Tether will get approvals but they’re going to have to hold longer duration), and push the inflation into Bitcoin rather than general prices is a nice bonus but really that’s setting up liquidity for Bitcoin to grow much larger too which they’ll eventually need.\n\nSo yeah maybe it is 10 years and it’s all off the cuff reactions to systems imploding at that point, that’s entirely plausible and more likely for Governments to be reactionary like that. But if you see gold revalued soon, and loudly, expect it to be a fakeout with Bitcoin coming over the top because they can’t win at gold.",
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