Vinay Vasanji
@vinayvasanji.eth
The strategic reserve news has got me down tbh—every now and then I think we work in a joke of an industry and then something like this affirms it To be clear I think there is a lot to be proud of about where crypto is at, but the more it is co-opted by Emperor Orange et al, the less I personally want to associate with it
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kripcat.eth
@kripcat.eth
It’s one thing for governments to own crypto and use it to take part in the ecosystem as a participant. That’s adoption. Another for the government to buy your bags so that taxpayers can be your exit liquidity. That’s graft. This feels more like the latter. But if the former is coming then it does make sense to have a strategic reserve. But I’d by way more excited if they’d announced a major government system was going onchain. Happy to have my bags pumped though I guess. 🤷♂️
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