Post
Topic
Board Speculation
Merits 5 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cAPSLOCK
on 03/02/2025, 20:09:44 UTC
⭐ Merited by hisslyness (2) ,OutOfMemory (1) ,vapourminer (1) ,JayJuanGee (1)

There's a lot of rumor about CSR, but as we know how political speech works, it could happen that US-based Crapto will be treated differently, may it manifest by exclusion of those of certain regulative rules, or tax-free trading for US citizens and/or exchanges, for example. Later on, a BSR may be created by including seized Bitcoins from various authorities, which wouldn't shoot the price to the moon instantly, still growing a significant mass as an initial reserve. I have also read about plans and suggestions to keep the price down while upsizing the BSR. Maybe seized Crapto will be converted to the few US-based ones and included as well, then we have a CSR and only the government directly profits from it, further avoiding to buy spot or even break OTC desks, which would send the price to quite a degree. Spot/OTC buying would be delayed into the next bear market, if they understand at least anything about how to grow a BTC stack.

As long as I am sitting on Santa's lap, I want two things.

1.  The US announces they will be stockpiling Bitcoin.  And only Bitcoin. But if they are going to be idiotic and add ETH or (throwing up in mouth) XRP or others then I want to allocation to look like 85% BTC and the shit can fight over the crumbs.

2.  A suspension on Cap Gains for Bitcoin (or crypto if we must).

Honestly I think #2 is pretty pie in the sky... but I have been a very good boy this year, Sant...  erm... nevermind...  I take it back.  I've been a dick mostly.  But still?