Can I drop a bit of cope about the US strategic crypto reserve?

1. The proportions haven't been announced. I imagine some of this backlash will inform them.

2. This isn't the end of it, it will get worse. Nation states participating in on equal footing with individuals is the entire thesis of crypto. Of course we're going to have degen governments aping fartcoins, just as we're going to have individuals create constitutional agreements that span nations. Wars of the future will come with onchain consequences.

3. This is an important setup for the next frontier of our mission: Onchain privacy. If we can transform the onchain economy with privacy-friendly primitives over the next few years while everyone is busy outgrifting each other, this is ultimately a win for society.

4. It's a reminder that actual decentralized crypto must be resilient to government players, whether it's North Korea, Russia, or the United States.

Its really good to remember that a lot of countries are freaking out about how US froze Russia's gold reserve, and that is currently leading to upheaval of the entire global order (as well as calling into question USD's reserve status)

Crypto is censorship-free money

Do the math