2 ms·
I’m aware, that bill is going to expire in 30 days so its irrelevant and will have to be reintroduced next year. the President-Elect is interested too and camp
by yieldcrv 2y ago
I’m aware, that bill is going to expire in 30 days so its irrelevant and will have to be reintroduced next year.
the President-Elect is interested too and campaigned on the same premise
what I’m talking about is far more expansive than 1 country’s national government instructing 1 agency to do it
In talking about several agencies across every sovereign and subdivision thereof. all municipalities doing the same. the sovereign credit market being leveraged to buy bitcoin continuously, just like we’re seeing the beginning of in the corporate credit market.
in case anyone wants to think about where this is really going and what that means for bitcoin’s scarcity
- m3kw9 2y agoGovt become exit liquidity, they won’t be exit liquidity I’m sure
- yieldcrv 2y agoThat’s… reductive. Government isnt either an amorphous entity when referring to a single one, and isnt an amorphous concept when referring to many For the people that sell bitcoin, sovereign institutions will be amongst the exit liquidity the sovereign's problem is that nobody, or less people, will want to be exit liquidity for their fiat its fine that your patriotic indoctrination makes that an absurd concept to imagine about a government you respect, but there are also governments you dont respect and where this has already occurred, and that's going to continue occurring as they all compete for exit liquidity of their fiat