The SBR discussion is complex
A) We should want American citizens, families, communities, and businesses to hold BTC, not the state
But…
B) It is unrealistic to expect that Bitcoin grows into a global currency without government adoption
Government interest (as opposed to ignorance or dismissal or attacks) is absolutely a signal that Bitcoin is evolving, growing, and succeeding
If Bitcoin was dying no one would be talking about an SBR (obviously)
SBR advocacy *will probably* hasten the transition to the Bitcoin standard
But such advocacy is also fraught with traps of centralization and government shitcoining (as we are watching play out)
IMO it’s ok to not have a black and white take on this
Probably more important than SBR advocacy (which will happen anyway if NGU continues) is civil liberties advocacy to ensure Americans can use Bitcoin privately, self-custodially, and p2p and to ensure American companies and developers can build tools that enable this reality
Replies (12)
Love your work man
Take my Zap and it’s an honor
Working on making bitcoin more private🫡🫡
Plus imo, the gov really doesn't grok how much of a trojan horse this is. It's still so bullish!!!!
Meanwhile in Bhutan…
TBH I’d much rather a country ran by Buddhist monks to have the biggest stack of all Global Govts than those psychos running the G20 nations!!
🙏🏻🧡
Nuance is good and refreshing 🤝
🙏
Very well said…
My take is that most people who are loudly advocating for the SBR don't have a good understanding of what a real Bitcoin Standard will consist of. I don't want tax dollars to go to Bitcoin any more than I want it to go to buying stocks, bonds, gold or anything else. I can understand reserves of oil, grain and other things where supply shock disruption needs to be avoided, but we do NOT have a shortage of Bitcoin, what we have a shortage of is BRAINS.
The only thing that tax dollars need to go to in the Bitcoin space is hashpower. Build a revenue stream from miners that can supplement tax revenue into the general fund. Buying Bitcoin and stashing it into a wallet is the height of stupid.
Agreed
Either black or white is just too toxic
The government will get involved when they do. It is only another sign that Bitcoin adoption continues. It will happen when it must. In that way I'm for it. The path that it will take is the path that it must take. I am for Bitcoin maximalization. Adoption is good. Everyone gets bitcoin at the price that they *understand it*
Trumps current evidence of incompetence with the tariffs makes me nervous. As a Canadian, I don’t want his name associated with bitcoin. The SBR ties too much of the success of this post halving year, and global adoption, with his insane antics.
Bitcoin adoption at a government level signals its inevitable rise, but who holds the Bitcoin matters. A government reserve just means the state is hedging against its own failures.
Bitcoin’s true strength lies in individual and community adoption, self-custody, p2p transactions, and censorship-resistant tools. If those are compromised, an SBR doesn’t mean much.
However, game theory is undefeated. As Bitcoin’s value proposition becomes undeniable, governments adapt. The key battle is whether people still have the tools to use it freely.
Civil liberties and privacy advocacy are where the real fight is. Without that, even a Bitcoin reserve won’t mean financial sovereignty for the people.
From the people for the people. BTC is freedom technology. Live free 🗽
It's A final point, black and white if you want to call it like that.
ROBING CITIZENS TO BUY BITCOIN INSTEAD OF THEM IS WRONG , IMMORAL AND COUNTERPRODUCTIVE, ALWAYS. THIS IS A FACT. LET PEOPLE BE.
