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Gregor 1 month ago
Why would a single government seizing large holdings, eg. Strategy, have significant effect on the network? If they sell, past larger sell events, the German impoundment, MtGox reparations, affected exchange rates pretty temporarily.

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I don’t necessarily disagree. Lyn didn’t say exactly what Napier thinks govt would do so I’m guessing what I think is the most common claim: they co-opt a few entities that control a large (and growing) portion of the UTXO set and either outright seize it, or do something else like a forced fork onto “gov chain”. Maybe that’s not the angle. But if it is, how does the likes of Nostr combat it effectively? And if it’s not the govt angle, what would it be?