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100 sats \ 0 replies \ @DeltaClimbs OP 22h \ parent \ on: An American bitcoin reserve is worse than getting more Americans using bitcoin bitcoin
I never suggested Governments can or should be stopped from owning bitcoin.
It is simply the reality that many bitcoiners now are in a position to lobby and the US Government might do something to be "pro bitcoin." I am simply pointing out there is something pro-America that could be lobbied instead of a strategic reserve that would likely lead to a vastly better outcome, and seems more realistic to achieve, so why not push for that?
Pumping at maximum possible speed at all costs is myopic and is mostly driven by people who have not been around as long and have experienced less NGU. I am among those as class of 2017, but my perspective is that bitcoin is about fixing everything, so the path actually matters. Hyperbitcoinization happening 20 years from now rather than 15 is not necessarily worse. It could end up being better. Fixing everything is a dynamic process and some sort of "equilibrium" may take many decades beyond hyperbitcoinization.