I have been thinking about this for a while now but since this is becoming something more probable to happen I want to know what the rest of you think.
If the United States actually do adopt a Bitcoin strategic reserve and someone the keys or the keys get stolen or Brian Armstrong lose the ETF and MSTR keys forever would the US ask to role back the chain? And what would be your reaction?
pull down to refresh
6 sats \ 1 reply \ @LowK3y19 2 Dec
That would send bitcoin on a free fall
reply
0 sats \ 0 replies \ @piecover OP 2 Dec
You think?
reply
6 sats \ 1 reply \ @ama 2 Dec
Having Ali Baba and the forty thieves in charge of the White House it will be much more probable that they (some of them) will run with the BTC within the next four years.
That is not only very probable, but it will also be the hardest hit on BTC on all its history.
Bitcoin will survive and come back again, as has always have, of course, but it's gonna be hard to go through.
reply
0 sats \ 0 replies \ @piecover OP 2 Dec
Only time will tell
reply
6 sats \ 1 reply \ @kenn_b 2 Dec
that would be funny, given that Trump is a master bancruptor, it is highly probable. :)
back to reality, they will not make btc reserve any time soon imho
reply
0 sats \ 0 replies \ @piecover OP 2 Dec
Funny indeed
reply
6 sats \ 1 reply \ @Satosora 2 Dec
There is no rolling back the chain.
They will have a multisig wallet.
They wont lose their keys.
reply
0 sats \ 0 replies \ @piecover OP 2 Dec
I hope they won't lose it
reply
0 sats \ 0 replies \ @jeguebra 3 Dec
they would have to invest to crack bitcoin cryptography
quantum computing then?
reply