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6 sats \ 2 replies \ @clr 6 Nov \ parent \ on: How would you feel if btc was made a reserve asset? bitcoin
I would reframe your question to how do you feel about governments, central banks, pension plans, corporations, etc. using bitcoin to try to keep themselves afloat while disparaging it?
You are already getting answers to your question. Please don't get angry at us just because you don't like the answers.
im getting angry because of people projecting their own shite onto the question. i am fine either way, i actually don't mind the government using it as a reserve asset, in fact, i think it's inevitable.
i would rather people answer with their opinion but what happens is people like darth, start attacking me and projecting for asking a question, then you hop on and make a ton of presumptions.
you should have just answered:
'i hate it because it means central banks, pension plans, corporations, etc. will use bitcoin to try to keep themselves afloat while disparaging it'
simple as that.
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I am grateful for the mirroring.
What I miss in the conversation is a focus on the use as medium of exchange. Yes, the "reserve asset" is inevitable and will pump the price, sure, but if bitcoin is not adopted as MoE, then the "reserve" narrative is built on quicksand. Then, when the price crashes, they will attack us fiercely for it.
I prefer steady adoption and building on a solid foundation.
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