if US acquires small block bitcoin for strategic reserve, U…

metamitya ·

if US acquires small block bitcoin for strategic reserve, US will subsidize mining when block subsidy runs out, effectively nationalizing small block bitcoin. many bitcoin maximalists will abandon their libertarian ideology and advocate for shutting down competing coins in the same way that dollar maximalists advocate against crypto today

Replies

metamitya ·

https://x.com/metamitya/status/1861093315166511242

ruthheasman ·

Sigh, yes.

treechat ·

!quoted by metamitya

metamitya ·

[[bitcoin core prediction]]

treechat ·

!quoted by metamitya