I agree with you, although I think the State agents and actors behind it are not "the government", but the factions in the financial leg of the State apparatus. Like MSTR's top 5 investors, who make up 25% of its shares: Capital International Investors, Vanguard, Morgan Stanley, Blackrock, State Street. That's more powerful than the feds.

Are you thinking if bitcoin is a strategic national asset for many other countries it could be hit with all sorts of regulations and central control attempts? Can you dive a little deeper into your last sentence…

How should they do that? BTC price would go ballistic immediately from the buy pressure alone.

Whoever has the cheapest energy can stack the hardest. Let the energy wars begin!

That sounds like a Tom Luongo theory except for Bitcoin instead of gold

My thinking is if the US goes first, by the time Western allies work out the game they’re in they will be too late. They will go hunt down HODLers using exchange KYC lists and shake them down hard which is going to hurt Bitcoin’s decentralisation: View quoted note →

Yes, the price will go up. Gromen explains how in this:

“Hunting down hodlers” comes at a cost. That’s the beauty of NGU … it imposes efficiency on every entity. If the United States government legitimizes bitcoin and then it goes to $1M/btc … the people who they’d hire to run all the processes would want to get paid in bitcoin, not the USD. And the existing laws on the books would mean lengthy court battles, etc. These agencies wouldn’t be able to afford to chase after individuals because they’d be spending resources they don’t have. They’re better served by promoting bitcoin and getting the benefit of the NGU on their stack.

Yes, I have said as much before: View quoted note → But that’s not the point I was making here. In the short term, before $1M corn, there is a new forcing factor for US allied states who don’t have any corn and have delusions of grandeur (being run by literal retards as they all are) that they’re going to stack a million coins or something stupid once they commit to the game theory. Their path of least resistance will be to go after HODLers. I’m talking in Europe, UK, Aus, Canada etc. Nation States adopting once the price is $1M+ looks very different than the Trump regime igniting the spark to kickoff the race at $100k.

"US might inflate Bitcoin" is not possible unless its IOU Bitcoin. And if that's the case.. it's not Bitcoin. 3rd parties are not needed to use Bitcoin.

Inflate the price of Bitcoin, not the supply. Print, have stablecoin issuers buy up the Treasuries, stack sats. The price of Bitcoin goes up and offsets consumer inflation from the print.

Debase the dollar even quicker then? It's not inflating the price of Bitcoin.

They have no choice but to print. Suggest you watch this: View quoted note →

🫡 listening now

this is not new. He's reciprocating what @Whitney Webb has already said:

Unlimited Hangout

Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony

Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and w...

allogarising it as 'bitcoin is the new oil' - when really they'll just use Tether to dump the T-bills that nobody wants because they're worthless. The video by Paul Ryan is from 7 months ago: Bitcoin is the new Bitcoin. Not the new oil, wheel, internet. It's just Bitcoin. They have a ton of debt that they cant pay and are chosing to dump it into a shitcoin.

Didn’t say it was new. Gromen first mentioned this in a podcast released same time as Whitney’s article. I tend to listen to him a bit more than her on this stuff because he has a far better understanding of the mechanics.

feel like I came across like a bit of a dick then. Wasn't intentional. Mostly the politicians have one line of thought and it's to print more money to fill their own bags .. then sell it as if it helps everyone. When really they're shitting on the little guy. It gets under my skin.

I don't know who he is. Some conspiracy theorist?

Yeah basically. He reckons JPow and Jamie Dimon are whitehats trying to save America from the elites pulling the strings in the UK.

Have you read "The Sovereign Individual"? Nation states are dying. Bitcoin is the expected natural evolution of money and states will be forced to adopt it whether they like it or not.

Meant to reply to your post instead of a comment by mistake. note1h5cm5hf25yuf54qpv23l8wxvypqhh62d6mpd2fep6f2gy77fesnqklks7z

Very few truly understand Bitcoin and what it means for the future. It's natural to assume conspiracy, perhaps Bitcoin started out with some ties to the US government but it matters not because of what it is and has become. Bitcoin frees us from ourselves, and propels us to an abundant future. It enables true energy abundance globally, and it protects the value created by anyone globally. The ONLY things that truly matters with Bitcoin, made possible by it's security and decentralization, IMO are 3 things: 1: Debasement-proof total supply (The number of units is ultimately meaningless, what matters is the cap on that number will never grow through any other mechanism besides division, but ultimately will be regularly further subdivided beyond the Satoshi). 2: Rock solid personal security for permissionless self custody anywhere on earth. 3: The exchange of otherwise unused energy for units of Bitcoin, at ever decreasing rates thanks to both the difficulty adjustment and the halving. These 3 things alone make Bitcoin world shattering beyond what most can imagine. Even if governments aquire most of the supply, they have to spend it to use it which distributes it to the people over time. It also, very significantly, immediately stops their inflation tax on the entire planet. Bitcoin changes the world whether governments adopt it or not. Bitcoin is freedom, truth, and honesty in finance. Bitcoin's decentralized and secure absolute scarcity is the single most important thing humanity has discovered for human flourishment in all of history.

Yes I have read it. You’ve made a leap in logic from what that book says to where you see things going. The context not included in my post you’re replying to: View quoted note →