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.
BrightSats
npub166…kmqp7
2024-08-01 02:34:05
Author Public Key
npub166655a9edwggtj2lp963edhmem6py9ufz7sa4vgaw8qqtl0tsv9qdkmqp7Published at
2024-08-01 02:34:05Event JSON
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"content": "Re governments accumulating bitcoin… \n\nIf 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.\n\nThen again it’s government so I’d bet on incompetence. \n\nSo sure, either pump by bags or make the country a better place to live in. I’m cool with either or both.",
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