Quote from: JayJuanGee on August 03, 2024, 05:25:05 PM

I am also not really opposed to the idea of various governments trying to shore up their treasuries with bitcoin - even though surely bitcoin is also meant to be for the people to be able to transact directly and to hold their value - or at least have various options of financial self-sovereignty, so there can be various ways that governments might end up employing policies that pump our bags yet may still not be so good for our abilities to transact directly with bitcoin... so we have to be careful if we are allowing governments to take over bitcoin and/or to influence the self-sovereignty aspects of bitcoin.

Definitely agree about the risk of government regulating Bitcoin. What I'm hoping for is that adoption by the masses will go through the roof (exponential) as they watch the BTC rate when governments start stacking BTC seriously, that should mitigate some of the risk as it makes it unpopular for governments to impose strict regulation.