thomas

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.

Aviator, diver, Etherean, nexialist, PhD in aviation ∩ climate science | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

Can we make a commercial now with this screenplay?

There is nothing more powerful in this world than words.

Can we get AI to do it? And can that libertarian psychologist be that fat lost meme of Vance?

Featuring a libertarian psychologist who thinks the strategic reserve is the greatest thing on earth, sitting opposite Vitalik explaining why it isn’t