Quote from: DeathAngel on Today at 01:12:48 PM

I really wish they’d announce it, I am a little nervous they’re not going to do it. Feels like some people were really banking on US Gov announcing this & maybe that’s why price is down a bit & struggling to reclaim $100,000. Trump needs to stop talking about tariffs & tanking stocks & Bitcoin too. Hopeful but not confident they will announce an SBR. Feels like we’ve been conned a little bit.

Bitcoin does not need any SBR, and so it seems problematic to be thinking that bitcoin needs SBR. There can be various kinds of rug pulls and/or even attempts to manipulate the bitcoin market, and longer term bitcoiners should already be used to this and even expecting manipulation on a greater level than previously. They are likely not going to be successful in their various manipulations, but that won't stop various manipulation attempts from happening from time to time.

Quote from: BlackHatCoiner on Today at 03:46:04 PM

Quote from: DeathAngel on Today at 01:12:48 PM

Hopeful but not confident they will announce an SBR.

Actually, I'm now more confident that they will create such a reserve, than ever. The justification for my confidence is that they're clearly trying to push other crypto along with bitcoin, which is kinda insipid, but I wouldn't expect politicians to create a strategic reserve with only bitcoin, and governments across the world had a shitcoin reserve already (USD reserves), so it won't be that different.

SBR and various SCRs are becoming quite common, and so it is not like the momentum is not coming from a variety of sources, and some of the legislative efforts are not really that easy to reverse once they seem to be getting momentum. Yep.. all of the various SBRs and SCRs are not necessarily going to look the same and some will be smarter (more weighted in bitcoin) and others are going to have dumb shit in them. Remember comparing the difference between what El Salvador did and then when the Central African Republic claimed to be doing the same thing.. The CAR was greatly distracted and not really ready, willing and able to have similar focuses as El Salvador which also needs a bit of persistence and a long time horizon, which also can be problematic for many governments (whether national or local) to both talk the talk and walk the walk and also to have policies that are building in nature rather than just continuing with the same overspending, so for example if the USA puts a SBR in place but they keep spending like drunken sailors, then it is difficult to see how any SBR would bring any benefits if it is indebted way greater than it's quantity (aka fractionally reserved or rehypothicated).. Sometimes when governments have resources they exploit and encumber them and even over encumber them.. that is what they do...and difficult to get out of such bad habits that fiat/debt systems have been rewarding for so many decades.