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6102 probably matters for custodial bitcoin if the US wants to back USD with bitcoin
I don't think 6102 is relevant unless we're on an actual bitcoin standard: as in 1 dollar = x btc by law.
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29 sats \ 1 reply \ @ek 3 Dec
Isn't the executive order just about not being allowed to own bitcoin anymore? Do they need a reason for that?
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Technically, no, but the point wasn't getting the gold. The point was devaluing the dollar. They gathered up all the physical gold and then changed the peg.
Now, they can devalue the dollar much more easily.
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