SPA (Super Phat Arrow) on Nostr: History doesn't have to repeat in order to rhyme. There is USD BTC exchange rate. I ...

History doesn't have to repeat in order to rhyme. There is USD BTC exchange rate. I can imagine a president declaring that you will get the exchange rate on the day of the order and have X months to sell your bitcoin to the treasury. "Your patriotic duty" etc. The price of bitcoin may dive during this grace period and the gov price may be better than the exchange price, encouraging people to give it up.

After the grace period, people still holding are "traitors" and will be prosecuted.

They can rot in jail until they pay up.