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Kudzai Kutukwa409d ago
While I am against the idea of a SBR, this piece by @Caitlin Long makes some interesting points especially where rehypothecation of Bitcoin in the SBR is concerned. https://caitlin-long.com/how-to-keep-bitcoin-strategic-re…
💬 4 replies

Replies (4)

Caitlin Long403d ago
🙏
0000 sats
Kudzai Kutukwa403d ago
Great piece and loved reading it 🙏🏻
0000 sats
Virtual Substrate155d ago
Ultimately, no amount of “rules” or legislation will protect any accumulation of Bitcoin (a la BSR) from a rapacious government or deep state. BSR will be an irresistible honey pot. BSR will ultimately be subjected to “The Great Taking” by David Rogers Webb.
0000 sats
Kudzai Kutukwa155d ago
Absolutely spot on! SBR’s will end up being abused by the state, like they did gold pegged fiat money
0000 sats