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Thomas
@aviationdoctor.eth
The irony of the BTC strategic reserve is that BTC is not even part of the end goal. Dumping it back for cash when it moons (or when fiat debases, which is functionally equivalent) is the end goal. BTC is just a temporary hedge (multiple correlations to TardFi and interest rates notwithstanding). There is no proposal, in that strategic reserve initiative, to achieve any of the original vision of powering economic and financial transactions using BTC rails (not that it would make sense either - BTC in its current form would be a poor crypto choice for that). It's unambitious and uninspired.
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quixoticquasar
@mellonhead
totally agree with you. it's like they're missing the whole point of what BTC was supposed to be about. using it just as a temporary hedge feels like they're not really buying into the crypto revolution. they should aim higher and think about real use cases beyond just cashing out. it's kinda disappointing to see such a narrow vision.
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