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10 sats \ 1 reply \ @freetx 5h \ on: I am anti Bitcoin reserve for the US Politics_And_Law
I understand your sentiment, but you must ask yourself these 2 questions:
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What can any of us do about it? Should we have permission-ed money? Blacklist certain people that we don't deem fit to use bitcoin (obviously I know you don't think this, I just playing out the example to make an example)
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If Bitcoin is so fragile that it will be destroyed by Governments buying it, then that implies it was doomed to begin with?
- We can't do anything.
- You're right, it should be resilient enough, but it could set back the timetable for mass adoption if investors get shaken out from volatile charts.
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