You know how we all talk about trojan horsing with bitcoin.
I'm starting to get a creeping feeling that Cynthia M Lummis (and Trump, David Sacks, etc...) trojan horsed bitcoiners instead. The first meeting she chaired yesterday on digital assets was just about stablecoins (aka psuedo-cbdc). They didn't talk about bitcoin, it wasn't really mentioned in any meaningful way.
Seems like they got us all excited about possibilities like a bitcoin strategic reserve, de minimus tax exemption, etc... to get votes and massive donations. But all we're going to get are a bunch of shitcoin etfs, more pump/dumps (aka 'friendly' regulation), and essentially a government wet dream panopticon CBDC (disguised as "NOT A CBDC, BUT PRIVATE STABLECOINS, WE PROMISE")
Hopefully I'm wrong, but I don't like the direction things are going thus far.